Solana Whales Cashing Out: 111,600 SOL Recharged to Exchanges Amid Rising DeFi Activity on Solana

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In the recent past, the cryptocurrency market has been a flurry of activity, with some of the largest market players shifting positions. Recent reports suggest that the whales and institutional investors who had purchased substantial amounts of Solana (SOL) nearly nine months ago may now be reducing their positions in large quantities. Just in the past three days alone, over 111,600 SOL—worth approximately $22 million—have been recharged to various exchanges. This has generated significant attention and conversation across the crypto community. Whale Activity: Tracing the Movement of SOL Funds The sudden influx of SOL back into the exchanges has raised

The post Solana Whales Cashing Out: 111,600 SOL Recharged to Exchanges Amid Rising DeFi Activity on Solana appeared first on The Merkle News.

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