Hot Winter in Solana Market! $SOL
Wintermute Withdraws $38.2 Million Ahead of $2 Billion Token Open
📌 According to data from Arkham Intelligence, Wintermute has withdrawn over $38.2 million worth of Solana (SOL) from Binance ahead of the much-anticipated event on March 1, where $2 billion worth of Solana tokens will be released.
🔸 Why is this important?
The large withdrawals ahead of the token open event indicate preemptive moves from whales and major ETFs.
Token opens typically lead to potential selling pressure, as some investors may resort to selling a portion of their holdings.
Wintermute is a major market maker, and its moves may reflect its future price expectations.
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