#A large account lends $20 million in stablecoins.#
Hot Topic Overview
Overview
Recently, a whale has been accumulating SOL and has lent out $20 million worth of stablecoins through the decentralized lending platform Kamino. The whale first spent $2.49 million to purchase 11,824 SOL, and then withdrew 18,527 SOL (approximately $3.94 million) from Binance and deposited it into Kamino. Currently, the whale has deposited 144,817 SOL (approximately $30.44 million) into Kamino and has lent out $20 million worth of stablecoins. This action is being interpreted by the market as a bullish signal for SOL and may trigger market attention and investment enthusiasm for SOL.
Ace Hot Topic Analysis
Analysis
Recently, a whale has been accumulating SOL and has lent out $20 million in stablecoins via Kamino. The whale first purchased 11,824 SOL for $2.49 million, and then withdrew 18,527 SOL (approximately $3.94 million) from Binance and deposited them into Kamino. Currently, the whale has deposited 144,817 SOL (approximately $30.44 million) into Kamino and has lent out $20 million in stablecoins. This action has been interpreted by the market as the whale's bullish outlook on SOL and a potential strategy to profit or engage in other operations through lending out stablecoins. This event has also drawn market attention to the price trend of SOL, with some analysts suggesting that the whale's actions could drive the price of SOL upwards.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Large accounts are continuously buying and going long on SOL.
Large accounts are lending stablecoins through Kamino, potentially for arbitrage or other investments.
The act of large accounts lending stablecoins could impact the price of SOL.
The Kamino platform has become a popular choice for large accounts to lend stablecoins.