❤️❤️❤️❤️❤️❤️❤️The whale has gone into staking — $28M in SOL withdrawn from the exchange
A major player withdrew 72,500 $SOL ($12.62M) from FalconX and sent it to staking. Over the last 4 days, the total withdrawal amounted to 167,500 $SOL for $28.37M — and all of it is directed to staking.
The whale's behavior indicates long-term confidence and a reduced likelihood of quick selling. The outflow of such volume from the exchange is a decrease in selling pressure and a potential bullish signal for $SOL.
Addresses to track:
solscan.io/account/J2uwUm…
solscan.io/account/4HVnvn…