Ramazan Eles 
According to onchain data, a cryptocurrency whale appears to have given up on holding a particular altcoin. Here are the details.
Onchain analytics firm Lookonchain reports that a massive crypto address, believed to belong to a whale wallet or possibly an institutional investor, has unstaked its Solana (SOL) tokens. The investor withdrew $19.5 million worth of SOL from a staking platform.
Following this, the wallet transferred 139,447 SOL, valued at $19.5 million, to Binance, resulting in a total loss of $5.5 million.
The whale originally purchased these tokens in July on Binance when Solana was trading around $180 per coin, spending $25 million in total.
At the time of writing, SOL is trading at approximately $131, having dropped about 19% over the past month. The token even touched a low of $112.
Meanwhile, positive developments are happening within the Solana ecosystem. A memecoin creation platform on Solana, PumpFun, has reportedly generated $91 million in total revenue. The project sold 680,000 SOL, generating $40 million in sales at an average price of $158 per token.
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