Wu learned that Solana treasury company Upexi announced an increase of 100,000 SOL, with a total acquisition price of 17.7 million USD, raising its SOL reserves to 1.8 million SOL over the past three months, with a current market capitalization of about 331 million USD, and has achieved an unrealized gain of 58 million USD. Upexi stated that most of the SOL has been staked, with annual staking income expected to reach 26 million USD. In addition, 56% of its holdings are Lock-up Position SOL purchased at a discount.

SOL0.97%
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