An investor has started withdrawing profits after four years of holding Solana in steaking. This was reported by analysts at Lookonchain.

According to the data, the user invested nearly $27 million in 2021, buying about 1 million SOLs at an average price of $27. His portfolio has grown to 1.29 million SOLs due to returns from steaking and rate hikes. With Solana’s current price above $140, total assets have reached $180 million.

On April 22, the investor unlocked 100,000 SOLs worth about $14 million and transferred them to the Binance exchange. He still has 1.19 million Solana tokens worth about $166 million. Lookonchain estimated net income of $153 million.

Against the background of the activity of major players and general market optimism, the price of Solana rose by 4.3% over the day and by 10.6% over the week, according to CoinGecko data.

Recall, on April 21, the volume of SOL in staking equaled that of Ethereum. Earlier, in February, VanEck analysts predicted Solana’s growth to $520 by the end of 2025.