Significant SOL Withdrawal and Staking Activity Observed

10/25/2024 4:23:23 AM

According to Lookonchain, the price of Solana (SOL) has surged by 17% over the past week. Notably, in the last three days, a new wallet has withdrawn 150,011 SOL, valued at $26.25 million, from Binance and staked it. This movement could indicate growing confidence in SOL's potential, as staking often suggests a long-term investment strategy. (Source)

Solana Binance SOL wallet Staking

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