Wallet AMekyY unstaked 300,439 SOL — worth approximately $26.1 million — after sitting dormant for ten months, then deposited the full amount into Binance within the hour. The timing is notable: a long-idle staking position being liquidated and moved to an exchange in a single step is a classic precursor to a sell order.
Whether the move represents profit-taking, portfolio rebalancing, or collateral positioning isn't clear from on-chain data alone. At roughly $26M, the deposit is large enough to create visible order-book pressure if it hits the market in one tranche, though Binance's SOL liquidity can absorb sizeable blocks. Worth watching spot depth in the near term.
Original content
Whale AMekyY unstaked 300,439 $SOL($26.1M) after 10 months of inactivity and deposited it into #Binance 1 hour ago.
https://t.co/p57hh4ET7r https://t.co/1C3sGCGI0p
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