Solana Trader Records $1.05M Loss After Two-Year Hold

Fresh on-chain data reveals that a trader linked to the wallet “GyBRmk” sold 21,911 SOL for approximately $1.85 million after holding the assets for more than two years.

Over that period, the investor accumulated 20,200 SOL at an average price of around $144 per token, bringing the total investment value to roughly $2.91 million.

The trader also staked the holdings, earning an additional 1,711 SOL in rewards worth about $145,000. Although staking generated gains, SOL’s continued price decline ultimately produced an estimated overall loss of $1.05 million upon closing the position.

Source: Lookonchain