$2.1M of $JTO landed on Binance in one single transfer, more than the entire net flow for the hour.
because the full picture: $876K net moved onto exchanges (bitget, binance) on solana in the last hour, 0.29% of the $304.5M cap. one wallet alone covered 0.68% of that cap by itself, so withdrawals ate some of the rest.
coins on an exchange can be sold. could also be a market maker or otc desk shuffling. chain doesn't say which.
price is flat over 4h, +2.2% on the day. no reaction yet either way. it's on-chain, go check it yourself.
because the full picture: $876K net moved onto exchanges (bitget, binance) on solana in the last hour, 0.29% of the $304.5M cap. one wallet alone covered 0.68% of that cap by itself, so withdrawals ate some of the rest.
coins on an exchange can be sold. could also be a market maker or otc desk shuffling. chain doesn't say which.
price is flat over 4h, +2.2% on the day. no reaction yet either way. it's on-chain, go check it yourself.
