#Whale Dumps SOL, Profits Over $1 Million#
Hot Topic Overview
Overview
Recently, a whale known as 7qw9C...NbSZL is suspected of reducing its holdings of SOL, which it had accumulated eight months ago. Eight hours ago, the whale deposited 50,227 SOL, worth approximately $9.4 million, to the Kraken exchange. If the whale sells these SOL, it is estimated to profit $1.227 million. It is reported that the whale withdrew 86,777 SOL from Kraken and Coinbase between June and July 2024 at an average price of $162.72. Over the past three weeks, the whale has deposited 81,227 SOL to exchanges, resulting in a total profit of $2.326 million.
Ace Hot Topic Analysis
Analysis
Recently, a whale has been suspected of reducing its holdings of SOL, which it had accumulated 8 months ago. The whale deposited 50227 SOL, worth about $9.4 million, to Kraken exchange 8 hours ago. If the whale sells these SOL, it is expected to make a profit of $1.227 million. It is reported that the whale withdrew 86777 SOL from Kraken and Coinbase exchanges between June and July 2024, at an average price of $162.72. In the past three weeks, the whale has deposited 81227 SOL to exchanges, accumulating a total profit of $2.326 million. This whale's reduction in holdings has attracted market attention. Some analysts believe that this may be due to the whale's cautious attitude towards the future price of SOL, or it may be for profit taking.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Whale sold SOL at a profit
Whales may have bought SOL at a low price 8 months ago and sold it at a high point recently
Whale selling behavior may have some impact on SOL price
Whale selling behavior may signal a change in market sentiment