A crypto whale with millions of dollars in profit has rolled up its sleeves for altcoin sales.
According to data transmitted by the on-chain analysis platform Spot On Chain, a crypto whale took action for Solana (SOL) sales on March 18th.
This whale with the wallet address “BU6N2” clearly showed its intention to sell by transferring 200,000 SOL worth $40.5 million to the crypto exchange Binance only today.
In the last 2 days, the whale made transfers worth $60.5 million with an average of 300,000 SOL at an average of 200 dollars on Binance.
Despite all the sales, the whale still holds 1.52 million SOL worth $305 million. While 287,000 of these assets worth $57.7 million are held in the wallet where it made its last transactions, it is expected to take action for sales again shortly.
According to CoinGecko data, SOL, which has shown a 40% increase in the last week, is currently trading at $207 at the time of writing.
