The whale that hoarded 86,777 SOLs began to reduce its holdings, and has sold 81,227 SOLs in the past three weeks
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Odaily reported that according to on-chain analyst ai_9684xtpa, the whale "7qw9C...NbSZL" seems to have been reducing its position in SOL, which it had accumulated 8 months ago. 8 hours ago, it deposited 50,227 SOL (worth $9.4 million) to Kraken. If sold, it would profit $1.227 million. The whale withdrew 86,777 SOL at an average price of $162.72 from Kraken and Coinbase between June and July 2024, and has recently deposited 81,227 SOL to CEX, making a profit of $2.326 million.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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