While Solana (SOL) has been experiencing a significant bull run over the past few days, recent activities from whales indicate a potential price crash may be imminent.
In the last 24 hours, a Solana whale unstaked 100,000 SOL tokens and transferred the funds to Binance, one of the most liquid crypto exchanges. At the time of the withdrawal, the tokens were valued at approximately $14.9 million.
This latest move to liquidate a substantial portion of the whaleâs Solana portfolio follows a transaction three days ago when the same investor unstaked 100,000 SOL tokens and moved the assets to Binance. The timing of these transactions is particularly noteworthy.
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