A long -term mortgage strategy has achieved enormous benefits for a whale (senior investors), Solana, highlighting the increase in the serious network among major investors.
The Curreo whale was raw in Solana-Sol when it was only $ 27, and this was made by making one of the most important profits linked to the mortgage recently, as it reached more than $ 153 million.
On April 22, an analyst of the Lookonchain blockchain data revealed that the whale had canceled 100,000 Solana currencies of around $ 13.9 million and deposited them in Binance.
It should be noted that the title of this whale was hated 991,079 Solana currencies initially in 2021. Due to the soil negotiation at a price of around $ 27, the merchant has invested around 27 million dollars, while proving to be a long -term return strategy.
Today, the total property of the mortgaged portfolio increased to 1.29 million Solana currencies, the value of which has increased considerably, especially after the price recently exceeded the level of $ 140.
Consequently, the estimated value of the whale property amounts to $ 180 million; Even after recently converting 100,000 floor currencies into a bings platform, whale still maintains approximately 1.19 million Solana currencies of around $ 166 million.
The Solana whales change the current scenario on the market and surpass Ethereum
Earlier this month, especially on April 4, Arkham Intelligence, Blockchain information, has registered by what he described as “the greatest cancellation of Solana currencies in one day”.
All Solana currencies have been abolished with 4 governors containing mortgaged currencies of $ 37 million since 2021.
At the time of the mortgage cancellation, the value of these currencies increased to more than $ 206 million, and around 50 million dollars were sold shortly after, that is to say that they were no longer just theoretical profits but rather transformed into real benefits obtained by the whale to sell these assets.
The movement of this sudden capital has temporarily led to Solana over Ethereum-Eth in terms of market value of the currency mortgaged on April 20; The value of Solana’s mortgage currencies increased to $ 53 billion for a short period, bypass Ethereum.
Floor just returned eTh "Stackage stock market". pic.twitter.com/bhbrpsofb
– Alex Svanevik
(@Asvanevik) April 20, 2025
Although Etheerium has regained its position very quickly, this event was symbolic, because it has become the mechanism of proof of the Mortgage (proof-Thé) of Solana and the yields it provides is a serious competition.
It should be noted that the reactions to the temporary superiority of Solana were different, and some considered it a positive sign of the maturity of the network, while others have raised concerns concerning the centralization and distribution of currencies.
In any case, it is clear that senior investors are betting more and more on Solana’s potential.
Large investors are betting on Solana’s success while Etheerium loses momentum
In addition to this general mood transformation, Galaxy digital managed by Mike Novoghatz have concluded large commercial transactions to convert Ethereum parts to Solana.
According to Lookonchain, Galaxy has filed 65,600 Ethereum currencies – a value of more than $ 106 million – in dumps in the past two weeks, while withdrawing nearly 752,240 Solana currencies worth $ 105 million; These Solana currencies were distributed to various unidentified governors.
The transformation of the galaxy reflects a wider institutional trend. Once Ethereum has been faced with problems recently, its price has been 51.5% since the start of the year, and its control has decreased at less than 7% of the total market value of digital currencies, which is one of the lowest levels that have reached it throughout history.
In addition, the decentralism financing activity (DEFI) also turns away from Ethereum, as the trade in decentralized Ethereum platforms decreased to $ 42.5 billion in March, compared to $ 82.2 billion in January.
At the same time, Solana attracts attention as a precipitated and cheaper alternative; It now hosts a wide range of active protocols, has become a Center for MIM currencies and provides low transaction costs.
The other developments related to whales, which are likely to preach goodness for the future of Solana, include a whale alert with a withdrawal process of 374,161 Solana currencies – $ 52.7 million – from the Bings platform to a special portfolio.
374 161 #Ground (52,768,341 USD) transferred from #Binance In Underwonttts: //t.co/vh87s8uh1a – What alert (@whale_alert) April 21, 2025
Large clouds such as these currencies generally indicate and when large investors do, followed by prices increases.
And with Solana now circulating on the level of $ 134 – that is to say that 4% increased in last week – this momentum is still firm.
However, the scenario is now rewritten, not only by the price movement, but also by the movements made by the most powerful players. While the Ethereum network is preparing to launch the pectra update on May 7 in order to improve its expansion and its user experience, the network can be attended.
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