Add as a preferred source on GoogleSolana Whale Sends 1.49 Million SOL to Exchanges Over 10 Days
The deposits were valued at about $148.77 million. Transfers into exchanges do not establish how much SOL was sold.
An unidentified holder deposited 1.49 million Solana (SOL) across multiple exchanges over 10 days, placing tokens worth about $148.77 million on trading platforms.
The total combines deposits made during the period. Moving SOL to an exchange gives the holder access to a trading venue, but the transfer itself does not record a sale. The $148.77 million figure values the tokens moved; it does not represent proceeds received by the holder.
SOL is the native asset of the Solana network, which hosts decentralized applications and digital assets. The exchange transfers put a large amount of SOL within reach of trading, without establishing a completed trade for the full amount.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.