#A large account borrowed $20 million in stablecoins.#
Hot Topic Overview
Overview
Recently, a large holder has been continuously accumulating SOL and has lent out $20 million in stablecoins through Kamino. The holder first purchased 11,824 SOL for $2.49 million and then withdrew 18,527 SOL from Binance, depositing them into Kamino. Currently, the holder has deposited 144,817 SOL into Kamino and has lent out $20 million in stablecoins. This behavior is interpreted by the market as the holder's bullish stance on SOL, with expectations that the price of SOL will continue to rise.
Ace Hot Topic Analysis
Analysis
Recently, a whale has been accumulating SOL and has lent out $20 million in stablecoins through the Kamino platform. The whale first spent $2.49 million to purchase 11,824 SOL, then withdrew 18,527 SOL (about $3.94 million) from Binance and deposited them into Kamino. Currently, the whale has deposited 144,817 SOL (about $30.44 million) into Kamino and lent out $20 million in stablecoins. This behavior has been interpreted by the market as a bullish outlook on SOL, as the whale is leveraging their investment in SOL by borrowing stablecoins. This also indicates that SOL has good liquidity, able to support large-scale lending activities.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Whales are buying and going long on SOL
Whales are lending stablecoins through Kamino
Whales are depositing SOL into Kamino to borrow stablecoins
Whales have borrowed up to $20 million in stablecoins