Add as a preferred source on GoogleWhale Deposits 240,000 Solana Across Three Exchanges in 24 Hours
The transfers to Binance, OKX and Bybit were valued at about $25.3 million. Exchange deposits do not establish that the tokens were sold.
A whale deposited about 240,000 Solana (SOL), valued at $25.3 million, across Binance, OKX and Bybit in 24 hours.
The transfers occurred during the 24-hour period described on Oct. 21. The SOL amount and dollar value are combined totals for the three destinations, rather than an amount assigned to each exchange.
Depositing tokens on an exchange makes them available for trading and raises the possibility of a sale. The transfers themselves do not show an executed trade. They do not establish whether the wallet owner sold any SOL or how much, if any, changed hands.
The $25.3 million figure is an estimate of the transferred tokens’ value, not proceeds from a confirmed sale. The activity concerns one whale’s transfers to three exchanges over a 24-hour period. It does not measure total SOL deposits or sales across those platforms during that time.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.