June 13, 2025

at

12:00 am

EST

(Updated:

)

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$138M SOL Stake

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    Address 4WikW on Arkham
    Address 4WikW on Arkham

    A fresh Solana address, 4WikW, has just withdrawn 850K SOL, worth over $138M, from a Coinbase Prime hot wallet, 3vxhe. The address, which was previously funded from a Coinbase hot wallet too, then proceeded to stake the entire balance of SOL with a Jito validator.

    Transfers from Coinbase to 4WikW and then to the its staking account
    Transfers from Coinbase to 4WikW and then to the its staking account

    Solana as an asset has entered the spotlight once again, after the SEC asked Solana ETF applicants to submit amendments for their respective S-1s, sparking speculation that approval could be on the cards in the upcoming weeks. With the approval of the SOL spot ETFs, this would make SOL the third digital asset to achieve this in the US, potentially opening the doors to millions in inflows.

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