Whale Withdraws 96,128 SOL Tokens from Binance, Harnessing Profits in Solana Ecosystem

According to a recent report by COINOTAG on February 28th, a significant development has unfolded within the crypto market as a newly created wallet has withdrawn 96,128 SOL tokens, valued at approximately $12.37 million, from Binance. This transaction was executed at an average price of $128.6 per token and subsequently deposited into the Solana ecosystem via the liquidity staking protocol Jito. Notably, this wallet is linked to a whale who engaged in their first SOL transaction merely three days prior, at a price exceeding $140.8. After a year of staking SOL, this investor has successfully realized a profit of $4.58 million, reflecting a remarkable 51% gain.

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