- Solana transfers $61.8 million to Coinbase in rapid succession, possibly orchestrated by a single entity.
- The large-scale transfers spark speculation about institutional investment and Solana’s prospects.
- SOL dropped by 1.32%, pulling the price lower to $20.46.
Solana, the blockchain platform known for its high-speed and low-cost transactions, has recently made headlines with a massive transfer of $61,779,976 to Coinbase. The transfer was made in five transactions, raising questions and speculations among experts and investors alike.
According to reports from the whale tracking platform, Whale Alert, the first of these transfers saw a wallet of unknown origin move a whopping 599,999 SOL worth $12.54 million to the Coinbase exchange. Within moments, another separate wallet sent an identical amount to the same крипто размена.
Source: https://coinedition.com/massive-sol-transfers-to-coinbase-sparks-investor-frenzy/