#100,000 SOL to Coinbase#
Hot Topic Overview
Overview
Recently, approximately 107,000 SOL (valued at around $29.05 million) were transferred from an unknown wallet to the Coinbase exchange. At the same time, Coinbase Institutional transferred approximately $24.99 million in USDC to the Coinbase exchange. This series of fund flows has sparked market attention, with some speculating that it may signal an impending rise in SOL prices, while others believe it could be related to Coinbase's upcoming launch of new products or services.
Ace Hot Topic Analysis
Analysis
According to on-chain data tracking service WhaleAlert, approximately 107,000 SOL (valued at around $29.05 million) was transferred from an unknown wallet to Coinbase. The transfer occurred around 3:45 AM Beijing time, and the specific source remains unclear. It is noteworthy that prior to this transfer, Coinbase Institutional had transferred approximately $24.99 million worth of USDC to Coinbase. The specific purpose of this SOL transfer remains unclear, but it could be related to Coinbase’s trading activities or customer demands.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
10.7 million SOL transferred from an unknown wallet to Coinbase
The SOL transfer is worth approximately 29,050,713 USD
The transfer took place around 3:45 Beijing time
Coinbase Institutional transferred 24,969,297 USDC to Coinbase