TechFlow news: On March 18, according to on-chain analytics platform Lookonchain (@lookonchain), a whale address (5p6zPz) withdrew 121,480 SOL—valued at approximately $11.47 million—from Binance after remaining inactive for four months. Four months ago, this whale had previously withdrawn 186,621 SOL (valued at roughly $25.81 million) from Binance at an average price of $138 per SOL. Based on current prices, the whale is now sitting on unrealized losses exceeding $8 million, yet chose to add more SOL to its position against the market trend just eight hours ago.
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