Summary
- One whale wallet reportedly bought about 134,628 Solana (SOL).
- The purchase size was about USD 31.8 million (KRW 44.4 billion).
- The whale reportedly first deposited 32.4 million USDC to Binance, then bought Solana and immediately withdrew.
Institutional and whale accumulation of Solana (SOL) appears to be continuing.
According to Lookonchain on the 20th (local time), a whale wallet (9PYSeq) bought about 134,628 Solana (SOL) roughly 5 hours ago. This is about USD 31.8 million (KRW 44.4 billion) in size.
The whale is understood to have first deposited 32.4 million USDC to Binance, bought Solana with it, and then immediately withdrew.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.![[Today’s Key Economic & Crypto Calendar] US January Manufacturing PMI, etc.](https://media.bloomingbit.io/static/news/brief_en.webp?w=250)
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