Anonymous

Solana

2024

Prime

Block

<ul class="wp-block-list news-points"> 
 <li><strong>An anonymous Solana whale transferred $120 million worth of SOL to Coinbase Prime, sparking market reactions.</strong></li> 
 <li><strong>Another whale withdrew $38.9 million in SOL, suggesting possible coordination with the first whale’s transactions.</strong></li> 
 <li><strong>Solana’s price declined 9.82% in 24 hours, trading below key moving averages and indicating strong bearish momentum.</strong></li> 
</ul>   
<p>Anonymous <a href="https://coinedition.com/solana-etf-guide-everything-you-need-to-know/">Solana</a> whales have recently made substantial moves, depositing a combined total of $120 million worth of SOL to Coinbase Prime.</p>   
<p>These sizable transactions, detected by Solscan on July 16th and 17th, have sparked speculation and concern within the crypto community.</p>   
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   <p lang="en" dir="ltr">According to Solscan, since July 16, a SOL whale: 9dZAPP…dnzAz3 has withdrawn a total of 1.035 million SOL (worth about $120 million) from multiple validators including Cogent Crypto, Block Logic, and LunaNova, and transferred all of them to Coinbase Prime. The identity of the…</p>— Wu Blockchain (@WuBlockchain) <a href="https://twitter.com/WuBlockchain/status/1820419457699004921?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">August 5, 2024</a>
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<p>The first whale, identified by the address 9dZAPP…dnzAz3, withdrew 1.035 million SOL from various validators, including Cogent Crypto, Block Logic, and LunaNova, and deposited them into Coinbase Prime.</p>   
<p>A secon…</p>
<p>The post <a href="https://coinedition.com/solana-whale-deposits-120m-in-sol-to-coinbase-prime/">Market Stirs as Solana Whale Transfers $120M to Coinbase Prime</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Market Stirs as Solana Whale Transfers $120M to Coinbase Prime

Coin Edition

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