Markets· ★★★· bullish·

Wallet withdraws 370,000 SOL worth $39M from Binance and stakes it

  • —370,000 SOL worth roughly $39 million withdrawn
  • —Withdrawal took three hours; staking followed 15 minutes later
  • —The full amount was staked rather than sold
Why it matters: Moving a large SOL balance off Binance into staking cuts liquid supply and could support the token's price.
#SOL
Source: Coinfomania
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