Good Evening Dear Web3 Frnds !🌆
Today's Crypto Spotlight: Trust Meets Solana Sell-Side Alert
1. Galaxy Digital Just Moved 224K SOL (~$41M) to Binance & Coinbase
A whale-sized deposit like this often signals sell-side pressure, especially if it hits the order books fast. Reports from Lookonchain and Arkham point to possible volatility in SOL prices ahead.
Blockchain NewsAInvest
2. Binance Teams Up with BBVA for Off-Exchange Custody
Trust just got a major upgrade. Binance has partnered with Spanish bank BBVA to offer off-exchange custody—with funds held in US Treasuries—reducing counterparty risk and boosting investor confidence post-regulatory crackdowns.
Financial TimesCoinCentral
Why Today Matters:
The SOL deposit could trigger short-term price dips. Stay alert if you’re trading Solana or holding positions.
The BBVA partnership sets a new standard for security in crypto, especially important for high-net-worth and institutional investors.
Trust Elevated + Market Alertened
• Galaxy Digital drops 224K SOL (~$41M) into CEXes → Possible sell-off ahead
• Binance + BBVA = Independent custody in US Treasuries → Trust 2.0
Market shifts are telling stories — are you reading them?
#solana #CryptoNewss #BinanceSquare #Custody #BinanceSquare
@EmmaCalls @Yi He @Crypto Megan @CZ @BlockchainBaller @Melisa Robertson @Richard Teng