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Crypto DeFi

Four Anonymous Addresses Control Over 20.6M Staked SOL Worth $2.1B

Four unidentified addresses together control more than 20.6 million staked SOL, worth about $2.1 billion, with one address holding 5.6175 million SOL and the other three holding 5.0034 million, 5.0024 million and 5.0024 million SOL respectively. Coinbase stakes roughly 24 million SOL, valued at about $2.45 billion at $101–102 per token, while the Solana Foundation’s staking withdrawal authority holds about 23.7141 million SOL, worth roughly $2.42 billion. Binance’s BNSOL Pool holds about 10.3905 million SOL and the Jito staking pool about 10.2725 million SOL.

Original source

AI take

The striking detail is not the size of these four positions but their uniformity: three addresses sit within roughly 1,500 SOL of each other, a pattern more consistent with coordinated or split custody than independent accumulation. That concentration matters because staked SOL is governance-adjacent and slow to move, so unidentified holders of this scale introduce a latent overhang that named entities like Coinbase or the Solana Foundation do not. Whether these addresses are linked, and whether they ever unstake, is the open question worth tracking.

Generated by AI for reference only.

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