List of Flash News about Kraken withdrawal
Time | Details |
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2025-05-02 15:20 |
Whale Moves 300,000 SOL ($45.3M) from Kraken to Staking: Key On-Chain Solana Activity Analysis
According to EmberCN on Twitter, in the past two hours, 300,000 SOL (worth $45.3 million) were withdrawn from Kraken by six addresses and subsequently staked. On-chain data suggests these addresses are likely controlled by the same whale or institutional entity, as seen from the sequential and coordinated transactions (source: EmberCN Twitter, May 2, 2025). This concentrated staking signals strong bullish sentiment among large holders and may reduce available SOL liquidity on exchanges, which is a trading-relevant factor to monitor for short-term supply dynamics and potential price movements. |