TechFlow news, December 8 — According to on-chain analyst EmberCN (@EmberCN), a whale/institution that received 991,000 SOL four years ago and had them unlocked in April this year transferred 100,000 SOL (worth $13.57 million) to Binance 20 minutes ago, continuing profit-taking.
According to monitoring, during the eight months since the April unlock, this address has gradually transferred 615,000 SOL (worth $107 million) to Binance at an average price of $175. The address still holds 733,000 SOL (worth $99.16 million) and has earned a total of 357,000 SOL in staking rewards over the past four and a half years.
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