Cryptocurrency

Solana

Million

when

Giant

According to onchain data provided by cryptocurrency analytics firm Lookonchain, a major cryptocurrency address thought to be a whale wallet or institutional investor has unstaking its previously staked Solana (SOL) coins and withdrawn $19.5 million worth of these coins from the staking platform. 
The wallet then moved 139,447 SOL worth $19.5 million to Binance, incurring a total loss of $5.5 million. 
Related News: <a href="https://en.bitcoinsistemi.com/microsoft-publishes-cryptocurrency-announcement-crypto-users-using-chrome-faced-great-danger/" target="_blank" rel="dofollow">Microsoft Publishes Cryptocurrency Announcement: Crypto Users Using Chrome Faced Great Danger</a> 
The crypto whale purchased these tokens on Binance in July when the Solana price was at $180 and paid $25 million. 
At the time of writing, SOL is trading at $131 and has lost about 19% of its value in the last month. It has dropped to $112 at its lowest level. 
However, there are also positive developments in the Solana ecosystem. According to the data, PumpFun, a memecoin production platform on Solana, reached a total revenue of $91 million. The organization made $40 million in sales from this revenue, which it obtained as 680,000 SOL, at an average price of $158. 
*This is not investment advice. 
 Continue Reading: <a href="https://en.bitcoinsistemi.com/giant-corporate-whale-gave-up-on-this-altcoin-sold-all-for-5-5-million-loss/">Giant Corporate Whale Gave Up on This Altcoin: Sold All for $5.5 Million Loss</a>

Giant Corporate Whale Gave Up on This Altcoin: Sold All for $5.5 Million Loss

Bitcoin Sistemi EN

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