PANews reported on March 11 that according to Lookonchain monitoring, a whale user sold 108,688 SOL at $112.3 in exchange for $12.2 million USDC, which was almost close to the lowest price of the day. It is reported that these SOL were withdrawn from Coinbase 11 months ago when the price was $181. This transaction caused the user to lose about $7.48 million.