#107,000 SOL transferred to Coinbase#
Hot Topic Overview
Overview
According to on-chain data tracking service WhaleAlert, approximately 107,000 SOL (valued at around $29.05 million) were recently transferred from an unknown wallet to the Coinbase exchange. The transfer occurred around 3:45 AM Beijing time, with the specific source wallet remaining unidentified. This event has sparked market attention, with many speculating that it may be institutional investors preparing to sell SOL or getting ready for an upcoming project.
Ace Hot Topic Analysis
Analysis
According to on-chain data tracking service WhaleAlert, 106,999 SOL (approximately $29,050,713) has recently been transferred from an unknown wallet to Coinbase. This large-scale SOL transfer has drawn market attention, with speculation suggesting that institutional investors or large traders may be preparing to trade or sell on the Coinbase platform. While the source and specific use of the funds remain unclear, this event indicates increasing market liquidity for SOL and could foreshadow potential price fluctuations in the future.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
10.7 million SOL transferred from an unknown wallet to Coinbase
This transaction amounted to approximately $29,050,713
The transaction occurred around 3:45 Beijing time
The source of the transaction was an unknown wallet