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A whale dumped 100,000 SOL, presumably to repay a loan

2025-04-09 18:26

BlockBeats News, April 9th, according to lookonchain monitoring, a whale holding 1.32 million SOL (worth $192 million) sold 100,000 SOL (worth $10.7 million) in the past 1 hour.


15 days ago, this whale unstaked 1.32 million SOL, deposited 1.2 million SOL into Kamino, and borrowed 20 million USDC. This operation is likely selling SOL to repay the loan.


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