Solana (SOL) Whale Transfers 100,000 SOL to Binance as Profits Persist After 991,000 SOL Unlock

COINOTAG News, citing Pyth Network data on October 23, reports that a large SOL holder—an institutional whale that accrued 991,000 SOL four years ago and unlocked the stake in April—has resumed active profit-taking.

100,000 SOL to Binance, valued at about $18.11 million at current pricing, according to on-chain telemetry.

This pattern points to disciplined liquidation of a long-duration exposure rather than a broad market sell‑off, signaling strategic risk management by a seasoned participant.

Observers will monitor for potential implications on SOL liquidity on centralized venues and any ensuing near-term volatility within the crypto ecosystem.