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21d 6h ago
Solana (SOL) Whale Unlock Continues Profit-Taking, 100,000 SOL Sent to Binance as 615,000 SOL Has Been Transferred Since April
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According to EmberCN’s monitoring cited by COINOTAG News on December 8, an institutional SOL wallet that received 991,000 SOL four years ago and unlocked in April this year has resumed profit-taking, transferring 100,000 SOL ($13.57 million) to Binance within the last 20 minutes.
Since the April unlock, this address has gradually moved 615,000 SOL ($107 million) to Binance over eight months, at an average near $175 per SOL.
The remaining stake totals roughly 733,000 SOL ($99.16 million), with accumulated staking rewards of about 357,000 SOL over 4.5 years.
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