🔵 Solana: large whales withdraw over $23 M in SOL from Binance and Kraken in just a few hours
In the last hour, according to data from Lookonchain, major investors withdrew a total of 111,269 SOL (~$21.1 M) from Binance, and another wallet took out 12,000 SOL (~$2.25 M) from Kraken. This pattern suggests accumulation outside of exchanges, possibly for staking or cold storage, which could reflect a bullish outlook in the medium term for Solana ($SOL ) .
For the Binance audience, this movement is relevant as a signal of institutional interest or strategic accumulation. It is worth monitoring upcoming supply and demand dynamics in SOL.