Rewards Hub A significant movement of USDC and SOL has been identified involving the cryptocurrency exchange Kraken. Since October 15, a wallet has deposited 436.5 million USDC into Kraken, with the same amount being cashed out. Concurrently, 537.6 million USDC was transferred from Kraken to Circle via wallet DTQK7G.
Additionally, between May 19, 2024, and August 12, 2025, the same wallet sold 4.19 million SOL, valued at $757 million, at an average price of $181. Of this, 264,373 SOL was sold on-chain for $41.64 million, while 3.93 million SOL, worth $715.5 million, was deposited into Kraken.
Major USDC and SOL Transactions Uncovered Involving Kraken
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