#Whale Dumps SOL, Realizing Million-Dollar Profit#
Hot Topic Overview
Overview
Recently, a whale account, 7qw9C...NbSZL, is suspected of reducing its holdings of SOL, which it accumulated 8 months ago. The account deposited 50227 SOL, worth approximately $9.4 million, to Kraken exchange 8 hours ago. If the whale chooses to sell, it will make a profit of $1.227 million. It is reported that the whale withdrew 86777 SOL from Kraken and Coinbase between June and July 2024, at an average price of $162.72. In the past three weeks, the account has deposited 81227 SOL to the exchange, with a total profit of about $2.326 million.
Ace Hot Topic Analysis
Analysis
Recently, a whale has been suspected of reducing its holdings of SOL that it had accumulated 8 months ago, resulting in a profit of over a million dollars. The whale's address is 7qw9C...NbSZL, and it deposited 50227 SOL, worth approximately $9.4 million, to Kraken exchange 8 hours ago. If the whale sells these SOL tokens, it is expected to earn a profit of $1.227 million. It is reported that the whale withdrew 86777 SOL from Kraken and Coinbase exchanges between June and July 2024 at an average price of $162.72. Over the past three weeks, the whale has deposited 81227 SOL to exchanges, accumulating a total profit of $2.326 million. This whale's reduction in holdings has attracted market attention, with some analysts suggesting that it might be one of the reasons for the recent decline in SOL price.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Giant whale reduces SOL holdings, making millions of dollars in profit
The whale accumulated SOL 8 months ago and deposited 81227 SOL to exchanges in the past 3 weeks
The whale might have deposited 50227 SOL to Kraken 8 hours ago
If sold, it will earn 122.7 million dollars
The whale withdrew 86777 SOL from Kraken and Coinbase between 2024.06-07 at an average price of 162.72 dollars