Three linked wallets, likely controlled by a single whale, have transferred 482,228 SOL worth approximately $49.17 million over the past three days with the intent to sell. So far, 171,430 SOL ($17.3 million) has been deposited into exchanges, signaling active distribution of the holdings.
The large-scale movement highlights continued selling pressure from major Solana holders as the token faces ongoing market volatility. The remaining ~310,798 SOL in transit suggests further exchange deposits may follow in the coming days.
Whale Dumps 482K SOL Worth $49M Over Three Days, Deposits 171K SOL to Exchanges
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