There has been a sudden influx of cryptocurrency “whales” that have moved more than nine million Solana (SOL) in a string of transactions.
The rush of trades totaling 9,075,999 SOL and worth more than $186.84 million was detected by the whale-watching bot Whale Alert.
A crypto whale was responsible for two of the day’s most significant transactions, which involved the transfer of a total of $86.29 million worth of SOL across two separate transactions.
First, the whale in issue moved 2,090,758 SOL valued a total of $43.14 million from a wallet whose origin could not be determined to the cryptocurrency exchange Coinbase. The same investor with vast pockets moved 2,090,758 SOL tokens with a value of $43.14 million from the same unknown wallet to Coinbase in less than a minute. Coinbase is a place where the tokens might potentially be traded on the open market.
In addition, Whale Alert was able to document five separate transactions in which SOL was transferred from Coinbase to unidentified wallets. Large entities moved Sol cryptocurrency from unknown wallets to Coinbase in three separate transactions.
599,999 Sol worth $12.30 million transferred from Coinbase to wallet of unknown origin 599,999 Sol worth $12.30 million transferred from Coinbase to wallet of unknown origin 965,375 Sol worth $19.90 million transferred from Coinbase to wallet of unknown origin 509,704 Sol worth $10.47 million transferred from Coinbase to wallet of unknown origin
509,704 SOL with a value of $10.47 million were transferred from a wallet with an unknown source to Coinbase.
Coinbase received a transfer of 509,704 SOL with a value of $10.47 million from an unidentified wallet.
