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TechFlow reported on May 7 that according to on-chain data from Solscan, the Solana wallet address 7Fo188kXf52Jk5cFSYDXWtQc6W8Btbk396QABUWsbQGo transferred 1.56 million SOL to Coinbase, worth $238 million.
On-chain data analyst Q noted that this address began accumulating SOL in April last year at an average cost of around $19. The account value has since grown from $30 million to $238 million, generating approximately $200 million in profit.
According to on-chain data from Solscan, the Solana wallet address 7Fo188kXf52Jk5cFSYDXWtQc6W8Btbk396QABUWsbQGo transferred 1.56 million SOL worth $238 million to Coinbase. On-chain data analyst Q stated that this address began accumulating SOL in April last year at an average cost of around $19, growing the account value from $30 million to $238 million, realizing profits of approximately $200 million.
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