$26M IN SOL HEADING TO EXCHANGES… ARE TOKEN CREATORS CASHING OUT?
A wallet has been gathering sizeable amounts of SOL from multiple token creator wallets, and the latest movements are raising eyebrows.
Over the past 16 hours, wallet 2MdNva sent a combined 299,838 $SOL , worth around $26 million, to Binance and OKX.
The funds reportedly came from several token creator wallets that had made substantial profits. Could some early winners be starting to take money off the table? The exchange deposits suggest potential selling pressure, though they don't confirm that the SOL has actually been sold.
Address: 2MdNva4K56QPFgHa6fFNztYyj6MUeEGKtfpobwQPyDNE
A wallet has been gathering sizeable amounts of SOL from multiple token creator wallets, and the latest movements are raising eyebrows.
Over the past 16 hours, wallet 2MdNva sent a combined 299,838 $SOL , worth around $26 million, to Binance and OKX.
The funds reportedly came from several token creator wallets that had made substantial profits. Could some early winners be starting to take money off the table? The exchange deposits suggest potential selling pressure, though they don't confirm that the SOL has actually been sold.
Address: 2MdNva4K56QPFgHa6fFNztYyj6MUeEGKtfpobwQPyDNE
