A whale withdrew 94,100 SOL from Coinbase and may continue to stake them on Drift Protocol.

PANews reported on February 5th that, according to The Data Nerd, a whale named #dogeftw_sol withdrew 94,100 SOL (approximately $8.75 million) from Coinbase six hours ago. In the previous five months, this whale had staked a total of 360,500 SOL (approximately $72.24 million) to Drift Protocol (a decentralized derivatives trading platform within the Solana ecosystem). It is expected that the withdrawn SOL will be used for further staking.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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