Summary
- According to Solid Intel's analysis, Binance has withdrawn a large amount of Solana (SOL) through market maker Wintermute.
- The previously reported selling of Solana has been corrected to a withdrawal.
- Investors should note that Binance's Solana movement is a withdrawal, not a sale.
Global cryptocurrency exchange Binance has reportedly withdrawn a large amount of Solana (SOL) through market maker Wintermute.
On the 23rd (local time), Solid Intel clarified through X that "after additional analysis, Binance withdrew large amounts of Solana through market maker Wintermute" and "we are correcting our previous report of Binance selling Solana to a withdrawal."
Earlier, Solid Intel had reported that "over the past 4 hours, Binance has been selling large amounts of Solana through Wintermute."
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
