Solana Whale Nets $280M — Institutional Wallet Sends 60,000 SOL to Binance After April Unlock
The post Solana Whale Nets $280M — Institutional Wallet Sends 60,000 SOL to Binance After April Unlock appeared on BitcoinEthereumNews.com. COINOTAG News, September 15 — Embermonitor data shows a whale/institutional address that received 991,000 SOL four years ago and unlocked holdings in April has realized roughly $280 million in gains to date. The wallet moved an additional 60,000 SOL (~$14.82 million) to Binance five hours ago. Since the April unlock the address has transferred 375,000 SOL (~$68.51 million) to Binance over five months at an average disposal price of about $183 per token. The account still retains approximately 962,000 SOL (~$233 million), a pattern consistent with the realization of multi-year staking rewards rather than fresh treasury distributions. ‘, ‘
The post Solana Whale Nets $280M — Institutional Wallet Sends 60,000 SOL to Binance After April Unlock appeared on BitcoinEthereumNews.com.
COINOTAG News, September 15 — Embermonitor data shows a whale/institutional address that received 991,000 SOL four years ago and unlocked holdings in April has realized roughly $280 million in gains to date. The wallet moved an additional 60,000 SOL (~$14.82 million) to Binance five hours ago. Since the April unlock the address has transferred 375,000 SOL (~$68.51 million) to Binance over five months at an average disposal price of about $183 per token. The account still retains approximately 962,000 SOL (~$233 million), a pattern consistent with the realization of multi-year staking rewards rather than fresh treasury distributions. ‘, ‘
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