PANews reported on February 13 that according to the monitoring of on-chain analyst @ai_9684xtpa, a certain SOL whale/institution may have reduced its holdings of SOL bought 9 months ago. In the past three days, 111,600 SOL worth 22.01 million US dollars have been recharged to the exchange.

Tracing back the source of funds, he withdrew 271,331 SOL from various exchanges in May 2024, at a cost of approximately US$182; if he sells them this time, he will make a profit of US$1.668 million.