According to The Data Nerd, Alameda Research unstaked 187,625 SOL (approximately $32.2 million) nine hours ago, following a similar action last month where 186,236 SOL (about $21.56 million) was unstaked and deposited into Coinbase (source: @OnchainDataNerd via Twitter, May 12, 2025; intel.arkm.com). Large-scale unstaking and exchange deposits by major entities like Alameda Research historically increase short-term sell pressure, raising the likelihood of Solana price volatility. Traders should closely monitor SOL inflows to Coinbase for signs of potential large-volume sell-offs, as these actions could influence broader crypto market sentiment, particularly among high-cap altcoins.

According to @EmberCN on Twitter, Standard Crypto partner @izebel_eth transferred 2,000 MKR tokens (worth $3.06M) and 20,000 AAVE tokens (worth $3.31M) to Coinbase within the past hour. These tokens were originally acquired on-chain between late February and early March, and the transactions suggest a realized loss of approximately $262,000. Such significant whale movements to centralized exchanges like Coinbase are often interpreted as potential sell signals, which could impact short-term price volatility for both MKR and AAVE. Traders are closely monitoring these on-chain transfers as leading indicators of market sentiment and liquidity flows. (Source: @EmberCN via Twitter, intel.arkm.com)

According to Lookonchain, OTC wallets associated with Galaxy Digital have transferred 23,900 ETH valued at $42.52 million to Coinbase within the past 8 hours. This substantial movement of Ethereum to a major exchange typically signals potential increased selling pressure and could impact ETH short-term price action. Traders are closely monitoring Coinbase inflow data and on-chain analytics for indications of possible large-scale sell-offs or liquidity events. Source: Lookonchain via Twitter and intel.arkm.com.