Solana Transfer to Coinbase Leads $340.2 Million in Whale Moves

Three large crypto transactions valued at $340.2 million took place in a three-hour span ending at 7:02 p.m. ET Saturday, Nov. 14, led by a $130.4 million Solana (SOL) transfer to Coinbase Institutional. The window recorded $130.4 million in transfers from unknown wallets to exchanges and no tracked transfers from exchanges to unknown wallets.

At 6:45 p.m. ET, 1,882,812 SOL valued at $130.4 million moved to Coinbase Institutional. Two other transactions stayed between unknown wallets. At 5:58 p.m. ET, 120 million XRP valued at $107.8 million moved from one unknown wallet to another; at 7 p.m. ET, 1,456,790 SOL worth $102.1 million followed the same route. Neither listed an exchange as the destination.

Only the Coinbase transfer counted as an exchange inflow among the three moves. The two wallet-to-wallet transfers were outside the exchange-flow totals. A deposit puts assets on a trading venue, but the destination alone does not establish whether the assets were sold or whether the holder intended to sell.