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Major on-chain movement detected: Half a million SOL tokens just moved into a major institutional custody platform. The transfer involved exactly 500,000 SOL—valued at approximately $63.64 million at current prices—originating from an unidentified wallet address.



This type of institutional inflow typically signals one of several scenarios: OTC settlement completing, custodial reshuffling, or preparation for potential liquidation. The unknown origin wallet adds an extra layer of intrigue to this sizable movement.

For context, transfers of this magnitude often precede significant market activities, though the exact intent behind this particular transaction remains unclear. Traders monitoring SOL's price action may want to keep this development on their radar.
SOL3.93%
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Degen4Breakfastvip
· 11-22 20:29
500,000 SOL into the exchange, is someone going to dump? Or are there large investors buying the dip? I really don't understand.
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AirdropworkerZhangvip
· 11-22 20:27
It's the same kind of black-box operation again. Who knows what the real intention is?
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PonziDetectorvip
· 11-22 20:24
Another wave of large transfers, but this "I don’t know whose" money entering the exchange, I guess... we’ll have to wait and see.
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CryptoGoldminevip
· 11-22 20:24
5 million SOL entered institutional Wallets, and this on-chain data of 63.64M is indeed worth noting. Analogous to the logic of Computing Power network growth, the TH/s of institutional Holdings often determines the rhythm of market bottom Rebound. However, regarding the unknown source of the Wallet, caution is still needed when calculating ROI.
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ImpermanentPhobiavip
· 11-22 20:24
Doing this again? Throwing in 500,000 SOL directly exposes who wants to dump on retail investors.
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BTCWaveRidervip
· 11-22 20:01
It's another one of those mysterious Wallet operations, Large Investors really know how to play.
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