A whale has deposited a cumulative 1.49 million SOL into exchanges over the past 10 day
Original headline某巨鲸过去 10 天累计向交易所存入 149 万枚 SOL
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A whale deposited approximately 1.49 million SOL, worth about $148.77 million, to exchanges including OKX, Gate, Kraken and Bybit over the past 10 days, according to Lookonchain data reported on November 2. The deposits were spread across multiple exchange wallet addresses rather than a single venue, suggesting a staged distribution of the holdings. Large exchange inflows of this size are often read as potential sell-side pressure or portfolio rebalancing, though the whale's intent is not confirmed. With SOL's implied price around $99-100 per token based on the deposit value, the transfers represent a meaningful share of daily exchange flows for the asset. Traders will be watching whether the whale continues depositing, whether the tokens are sold on the order books or moved to derivatives platforms as margin, and any follow-on impact on SOL liquidity and price action.
Muhabbit's AI wrote this summary in its own words from TechFlow's report and translated it from Chinese. It can get details wrong, so check the source.
Named in this story
SOL (SOL), Gate, OKX, Kraken, Bybit
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