“Giant Whale Moves! $24 Million SOL Withdrawn from Binance, What's the Next Move?”

In the early hours of December 27, on-chain monitoring revealed that a new address withdrew 125,990 SOL from Binance 9 hours ago, worth approximately $24.02 million, with an average cost of these SOL reaching as high as $190.8.

What’s behind such a massive withdrawal?

Such a significant action undoubtedly leads the market to speculate: is this a strategic deployment by whales, or a precaution against future market trends? Withdrawals usually indicate risk aversion towards exchanges, but they may also serve to “store energy” for the next move.

The Eye of the Storm for SOL

Currently, the market volatility for SOL is considerable, and this large withdrawal is undoubtedly a “pressure boost.” Every move by whales can be a litmus test for market sentiment; small investors, stay alert and don’t miss any details!

Every step of the giant whale is a signal; follow the hunters and let’s decode the next storm’s code together!