1.14M Solana transferred between unknown wallets, worth $126M
Photo: Crypto Briefing
A significant movement of Solana (SOL) was detected on the blockchain, involving the transfer of 1,142,334 SOL, worth approximately $125.86 million, between two unidentified wallets. This transaction represents about 0.19% of Solana’s circulating supply. The lack of identifiable exchange custody or staking activity suggests that the transaction’s immediate market impact may be limited to documenting a large on-chain movement rather than indicating a directional shift in SOL’s market behavior. The current market environment has seen Solana in the range of $110 to $112, with a market capitalization near $66 billion.
Source: Crypto Briefing
