According to Deep Tide TechFlow, on May 14, on-chain analyst Onchain Lens monitored that a whale address withdrew 72,500 SOL from the cryptocurrency exchange FalconX, worth about 12.62 million USD, and transferred it to staking.

This address has withdrawn a total of 167,500 SOL from FalconX in the past 4 days, worth approximately 28.37 million USD, and all withdrawn SOL has been used for staking operations.