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1.49M SOL Deposited by Whale Sparks Trader Speculation

1.49M SOL Deposited by Whale Sparks Trader Speculation

Photo: Coinfomania

A whale has deposited 1.49M SOL into exchanges, raising speculation about market shifts. Here's what traders should watch. Traders scanning the order books got a surprise when a mysterious whale began dumping Solana (SOL). Over the past ten days, this entity deposited 1.49 million SOL, valued at approximately $148.77 million, across multiple exchanges, as highlighted by the Twitter commentator @lookonchain. This activity raises concerns about potential market shifts as traders assess the implications of such large-scale movements. Solana (SOL) is currently trading around $94.98, with reports from Coinbase showing a 1% decrease over the past 24 hours.

Source: Coinfomania

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