Anonymous Solana Whale Deposits $120 Million on Coinbase Prime

IconCryptoNewsTerminal Staff05 Aug, 2024

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Anonymous Solana Whale Deposits $120 Million on Coinbase Prime

Data from Solana blockchain explorer Solscan was analyzed by blockchain analytics company Wu Blockchain, showing that "from July 16, an anonymous SOL whale with the address starting with 9dZAPP has reportedly withdrawn a total of 10.35 million SOL ($120 million) from various validator firms, including Covalent Crypto, BlockLogic, and LunaNova, and deposited it into Coinbase Prime." The identity of this whale is unknown at this time.