Family, the movement of SOL is quite significant, isn't it? In less than 10 hours, three addresses have hard shoved nearly 230,000 SOL into the exchange, totaling over 340 million dollars!
Take a look at this scale: Fireblocks Custody dumped 97,000 SOL to the exchange 9 hours ago, worth 175 million; the address starting with 5PjMxa is even more aggressive, directly sending 92,000 SOL to Kraken 3 hours ago, worth 160 million dollars; and another one starting with HiN7sS sent 38,000 SOL to Binance 8 hours ago, making a clean profit of 1.63 million just from that transaction.
Anyone with a discerning eye can understand that moving large amounts of tokens to exchanges is mostly to cash out. These three addresses combined are nearly 230,000 SOL, which is about half a percent of the circulating supply, and this will definitely cause some fluctuations. Especially since the SOL price has just started to show some improvement recently, concentrating on selling at this time could either mean institutions are taking profits or there is capital reallocation.
In any case, for retail investors, this level of unusual activity needs to be closely monitored. When large funds move, short-term price fluctuations are unavoidable; don't blindly follow the trend and operate randomly. Focus on watching the situation and wait for the trend to clarify before making decisions. $SOL #特朗普加密新政