Monday, April 1, was filled with surprising events in the market. But one that caught Coin Edition’s attention the most was some activities related to Solana (SOL). According to Whale Alert, four different transactions involved millions of SOLs being sent to Coinbase.
The transactions that happened at about the same time, were over 800,000 SOL. Typically, when transfers like this occur, the intention is to sell. However, an assessment of the market showed that SOL has not felt any impact from selling pressure.
At press time, the token changed hands at $197.15 as it kept swinging sideways. From the 4-hour chart, bears …
The post Mysterious Whale Alert: Over 800,000 SOL Transferred to Coinbase – Price Impact Unclear appeared first on Coin Edition.
Monday, April 1, was filled with surprising events in the market. But one that caught Coin Edition’s attention the most was some activities related to Solana (SOL). According to Whale Alert, four different transactions involved millions of SOLs being sent to Coinbase.
The transactions that happened at about the same time, were over 800,000 SOL. Typically, when transfers like this occur, the intention is to sell. However, an assessment of the market showed that SOL has not felt any impact from selling pressure.
At press time, the token changed hands at $197.15 as it kept swinging sideways. From the 4-hour chart, bears …
The post Mysterious Whale Alert: Over 800,000 SOL Transferred to Coinbase – Price Impact Unclear appeared first on Coin Edition.