According to on-chain analyst Ember, an address holding a large amount of Solana redeemed 100,000 SOL (about $13.90 million) from the pledge and transferred it to the Binance exchange.
The address pledged 991,000 SOL 4 years ago, and has accumulated 300,000 SOL pledge proceeds during this period. At present, 1.191 million SOL (about $167 million) are still pledged at the address.
A whale/institution redeems 100,000 SOL from Solana pledge and transfers it to Binance
2025-04-22 08:26:51
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