#Transfer 100,000 SOL to Coinbase.#
Hot Topic Overview
Overview
According to on-chain data tracking service WhaleAlert, approximately 107,000 SOL (worth about $29.05 million) was recently transferred from an unknown wallet to the Coinbase exchange. This massive transfer has attracted market attention, sparking speculation about the future direction of SOL. The source and purpose of these funds remain unclear, but this event demonstrates the ongoing liquidity in the SOL market and the continued interest of investors in the project.
Ace Hot Topic Analysis
Analysis
According to on-chain data tracking service WhaleAlert, approximately 107,000 SOL (worth around $29.05 million) was transferred from an unknown wallet to Coinbase exchange. The transfer occurred around 3:45 AM Beijing time, and the specific source wallet information has not been disclosed. This large-scale SOL transfer has sparked market attention, with some analysts suggesting it could signal an upcoming rise in SOL price or indicate large-scale transactions by institutional investors. Currently, the SOL price has risen following the announcement of the transfer, but the exact reason remains to be seen.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Approximately
10.7
million
SOL
transferred
from
an
unknown
wallet
to
Coinbase
,
this
transaction
is
worth
approximately
29050713
USD
,
the
transaction
occurred
around
3:45
Beijing
Time
,
the
specific
source
of
the
transaction
is
still
unclear