#A whale has lent out $20 million in stablecoins.#
Hot Topic Overview
Overview
Recently, a large holder has been steadily accumulating SOL and has lent out $20 million in stablecoins through the lending platform Kamino. This large holder first spent $2.49 million to purchase 11,824 SOL and then withdrew 18,527 SOL (approximately $3.94 million) from Binance, subsequently depositing these SOL into Kamino. Currently, this large holder has deposited 144,817 SOL (approximately $30.44 million) into Kamino and has lent out $20 million in stablecoins. This move has attracted market attention, interpreted as the large holder's optimism about the future trajectory of SOL and potentially sparking further capital inflows into the SOL market.
Ace Hot Topic Analysis
Analysis
Recently, a whale has been consistently accumulating SOL and has lent out $20 million worth of stablecoins through Kamino. The whale first spent $2.49 million to purchase 11,824 SOL, then withdrew 18,527 SOL (approximately $3.94 million) from Binance and deposited them into Kamino. Currently, the whale has deposited 144,817 SOL (approximately $30.44 million) into Kamino and has lent out $20 million worth of stablecoins. This action is interpreted as a bullish sentiment towards SOL and the whale might be using the borrowed stablecoins for other investments or arbitrage operations. This behavior also reflects the market's optimism towards SOL and the important role of DeFi platform Kamino in the stablecoin lending market.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Large holders are continuously accumulating SOL and going long.
Large holders are lending stablecoins through Kamino, possibly for arbitrage or other operations.
The scale of stablecoins lent by large holders is significant, which may have a certain impact on the market.
The lending function of the Kamino platform has attracted attention.