Mystery Buyer Spends $2 Million on 135 Million GME Using Solana

IconCryptoNewsTerminal Staff04 Jun, 2024

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Mystery Buyer Spends $2 Million on 135 Million GME Using Solana

X, an on-chain data analytics service, found that a new wallet made a sizable purchase. The wallet purchased 135 million GameStop (GME) shares for 12,110 SOL, valued at about $2 million, making it one of the largest GME whales ranked number four. The transaction was made with Solana (SOL) rather than a more traditional currency, highlighting the growing popularity of cryptocurrencies in various markets. This move is likely to pique the interest of GME investors, crypto enthusiasts, and financial analysts, as it highlights the interconnections between digital assets and traditional financial markets.