Trader Sells 21,911 SOL After 2 Years, Nets $1.05M Loss
A holder sold 21,911 SOL after two years of staking and took a $1.05 million loss despite earning about $145,000 in staking rewards.
A crypto wallet sold 21,911 SOL after two years of staking and recorded a net realized loss of about $1.05 million. The sale followed a staking period that added 1,711 SOL to the position.
The wallet’s total cost basis was about $2.91 million. Over the two years the account earned 1,711 SOL in staking rewards, valued at roughly $145,000, bringing the holdings to 21,911 SOL. Those tokens were sold for approximately $1.85 million, producing a net realized loss just over $1.05 million on the position.
Solana’s network currently offers about 5.86% staking APY. For this position, the staking rewards represented roughly a 5% return on the original cost basis.
SOL reached an all-time high near $294 in January 2025, fell about 64% to around $105 by early April 2025, and continued lower into 2026, testing the $80 support band in recent months. At press time, SOL traded near $84.
Market structure changed in October 2025 with the introduction of spot Solana exchange-traded funds. Institutional demand remained present after that change. A company that increased its Solana treasury in 2026 reported returns above the network average.
The sale closed the wallet’s position and realized the loss.
The material on GNcrypto is intended solely for informational use and must not be regarded as financial advice. We make every effort to keep the content accurate and current, but we cannot warrant its precision, completeness, or reliability. GNcrypto does not take responsibility for any mistakes, omissions, or financial losses resulting from reliance on this information. Any actions you take based on this content are done at your own risk. Always conduct independent research and seek guidance from a qualified specialist. For further details, please review our Terms, Privacy Policy and Disclaimers.
Articles by this author
