Crypto whales are abruptly on the transfer, relocating over 9 million Solana (SOL) in a sequence of transactions.
Whale-watching bot Whale Alert noticed the flurry of transactions to the tune of 9,075,999 SOL price greater than $186.84 million.
Two of the most important transactions up to now day entails a crypto whale shifting a complete of $86.29 million in SOL in two consecutive transactions.
The whale in query initially relocated 2,090,758 SOL price $43.14 million from a pockets of unknown origin to crypto change Coinbase. In lower than a minute, the identical investor with deep pockets shifted 2,090,758 SOL price $43.14 million from the identical unknown pockets to Coinbase, the place they may doubtlessly be offered on the open market.
Whale Alert additionally witnessed 5 transactions the place SOL was moved from Coinbase to unknown wallets. Three transfers noticed massive entities shifting SOL from unknown wallets to Coinbase.
It prices nearly nothing to make multi-million-dollar transactions on Solana.
At time of writing, SOL is buying and selling for $22.48.
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Featured Picture: Shutterstock/Sergey Nivens