According to data from The Block Research, mSOL, a derivative product based on Solana's liquid staking, fell 18% in a short period of time early Wednesday morning Beijing time. Prior to this, a whale wallet sold more than $5 million worth of mSOL tokens and exchanged them for SOL.
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The giant whale sold mSOL worth over US$5 million, and mSOL fell 18% in the short term.
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