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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.
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