Solana Whales (SOL) transfer $180 million in mysterious moves

In a series of enigmatic transactions which caught the attention of cryptocurrency enthusiasts and analysts, Solana Whales (SOL) moved a staggering sum of $180 million. This has sparked widespread speculation about the intentions behind these moves and their potential impact on the market.

🚨 🚨 🚨 🚨 🚨 🚨 🚨 1,782,144 #SOL (170,364,121 USD) transferred from unknown wallet to #Coinbasehttps://t.co/qsbyjvNwmN

— Whale Alert (@whale_alert) February 5, 2024

According to Whale Alert, a popular service that tracks significant cryptocurrency transactions, a massive transfer involving 1,782,144 SOL, worth approximately $170,364,121, was executed from an unidentified wallet to Coinbase, a major cryptocurrency exchanges. Shortly after, Whale Alert reported another transaction, in which 119,597 SOL, worth approximately $11,436,478, was moved from Coinbase to a new, unknown wallet.

🚨 119,597 #SOL (11,436,478 USD) transferred from #Coinbase to a new, unknown wallethttps://t.co/k4ScR62UYh

— Whale Alert (@whale_alert) February 5, 2024

Transfers to and from Coinbase may be for institutional or large-scale investors Merchants of Solana trying to secure profits or reposition their portfolios in anticipation of future market movements. In another scenario, it could signal a more strategic shift in the Solana ecosystem or a response to broader market trends.

Solana market sentiment

According to the latest updates, Solana is trading at $97.07, marking an increase of 1.04% in the last 24 hours. Trading volume for Solana also saw a significant increase, increasing by 18.26% to reach a total of $1,502,291,564 over the same period. This greater activity and the price movement comes at a time when the market is showing signs of volatility and increased investor interest.

Adding to the intrigue is settlement data reported by CoinGlass, a platform that provides insights into cryptocurrency futures and spot markets. Over the past 24 hours, Solana has incurred liquidations of $6.13 million, with long positions accounting for $4.33 million of the total and short positions accounting for the remaining $1.79 million.

Overall, the reasons behind these whale movements and subsequent liquidations remain the subject of speculation. As the crypto community continues to analyze these transactions, the impact of such large-scale moves on Solana’s market position and the broader cryptocurrency landscape remains to be seen.

Leave a Reply

Your email address will not be published. Required fields are marked *

Best Exchanges
Buy, trade, and hold 600+ cryptocurrencies on Binance
Buy, trade, and hold 450+ cryptocurrencies on ByBit
Buy, trade, and hold 150+ cryptocurrencies on Kucoin
Buy, trade, and hold 100+ cryptocurrencies on BitFinex 
Buy, trade, and hold 150+ cryptocurrencies on CoinBase

Guru Investing is an independent source of information about investing , not controlled by any broker. All our reviews and guides are created honestly, according to the best knowledge and judgement of the members of our independent expert team; however, they are intended for informative purposes only and should not be construed as, nor relied upon as, legal advice. You should always make sure that you meet all regulatory requirements before making any financial operations . Copyright ©2024 Email for contact [email protected]
pornhd.com hindisexyporn.com kashmiri girls sex jayasex indaporn.info desi bhabi xxx xlnindia sexo-vids.com 1st time sex video たかはししょうこ動画 javfuck.mobi 真正中出し3本番 彩乃なな sex film sexy film xxxhindividoes.com xnxx indian teens
ano nga ba ang pangarap iwantmoreteleserye.com hello heart episode 3 reshma hot saree images nuporn.mobi xvidies com bihar chudai tubezaur.mobi heroine photo hot dasixx hardcoreporntrends.com ileana d'cruz hot photoshoot www.xxxsexvideo.com xbeegtube.mobi hindi movi
www sxe vidoes erohardcore.info boops sucking dehati fuck kitporn.info chuk chuk rail fuckcomix.com mojoporntube.net gujaratisexvidio probinsyano october 18 2021 full episode freeteleseryetv.net ang probinsyano july 14 2022 قصص سكس كرتون cmsextra.net سكس بنات تخينة