SOL - Solana Chases All-Time Highs With 8% Gain As Whale Deposits $39.85M SOL Into Binance | Benzinga
Solana (CRYPTO: SOL) is soaring with an 8% single-day gain off the back of continuing interest in Solana-based meme coins.
What Happened: According to Lookonchain data, a Solana whale address “BU6N2Z…” deposited 200,000 SOL, worth $39.85 million, into Binance over the past two days. This movement took place just before Solana rallied to its all-time high levels.
The whale currently holds 1.6 million SOL, valued at $323 million. Of the total, 387,000 SOL remains in the wallet, while 1.23 million SOL is staked.
In the past 24 hours, Solana has traded 8.4% higher, contributing to its weekly gain of 40%. It is currently trading at $208, the highest since April 2021. Solana has also managed to secure the fourth position on the cryptocurrency board, with its valuation of $91.8 ...