#Whale Sells SOL for Millions in Profit#
Hot Topic Overview
Overview
Recently, a whale known as 7qw9C...NbSZL has allegedly been reducing its holdings of SOL, which it had been accumulating for the past 8 months. Eight hours ago, the whale deposited 50,227 SOL, worth approximately $9.4 million, into Kraken exchange. If sold, the whale would realize a profit of $1.227 million. It is understood that the whale withdrew 86,777 SOL from Kraken and Coinbase between June and July 2024 at an average price of $162.72. In the past three weeks, the whale has deposited 81,227 SOL into exchanges, resulting in a total profit of approximately $2.326 million.
Ace Hot Topic Analysis
Analysis
Recently, there have been suspicions that a whale is reducing its holdings of SOL, which it had accumulated over 8 months ago. The whale deposited 50,227 SOL, valued at approximately $9.4 million, to the Kraken exchange 8 hours ago. If the whale sells these SOL, it is expected to profit by $1.227 million. It is known that the whale withdrew 86,777 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 81,227 SOL to exchanges, resulting in a total profit of $2.326 million. This whale's reduction in holdings has attracted market attention, with some speculating that it may be one of the reasons for the recent volatility in SOL's price.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Giant whale suspected to have reduced its holdings of SOL accumulated 8 months ago, earning millions of dollars
The whale withdrew 86,777 SOL from Kraken and Coinbase between June 7th and June 20th, 2024, at an average price of $162.72
Over the past three weeks, it has deposited 81,227 SOL back to exchanges, generating a profit of $2.326 million
The whale 7qw9C...NbSZL deposited 50,227 SOL to Kraken 8 hours ago, which would generate a profit of $1.227 million if sold
The whale's reduction in holdings may have an impact on SOL's price