#SOL Solana whales move over $1 billion during the market recovery
Amid a strong recovery in the crypto market, blockchain tracking company Whale Alert has reported a series of large Solana (SOL) transactions, totaling over 7.6 million SOL, worth more than $1 billion, transferred in just a few minutes, catching the attention of the investing community.
These transactions occurred between several anonymous wallets and included several notable transfers: the first was 969,873 SOL (~$133.48 million), followed by 1,629,999 SOL (~$223.76 million), 858,394 SOL (~$117.52 million), and two transfers of 1,630,000 SOL each. The final transaction in this series was 970,283 SOL (~$132.77 million). Some transactions involved newly created wallets, prompting market observers to question the true purpose of these movements.
Amid a strong recovery in the crypto market, blockchain tracking company Whale Alert has reported a series of large Solana (SOL) transactions, totaling over 7.6 million SOL, worth more than $1 billion, transferred in just a few minutes, catching the attention of the investing community.
These transactions occurred between several anonymous wallets and included several notable transfers: the first was 969,873 SOL (~$133.48 million), followed by 1,629,999 SOL (~$223.76 million), 858,394 SOL (~$117.52 million), and two transfers of 1,630,000 SOL each. The final transaction in this series was 970,283 SOL (~$132.77 million). Some transactions involved newly created wallets, prompting market observers to question the true purpose of these movements.