According to Lookonchain, Galaxy Digital has recently withdrawn 606K SOL, valued at $79.7M, from exchanges and staked 462K SOL, worth $60M, over the past four days. This move indicates a strategic shift towards long-term holding and staking incentives, potentially affecting Solana's liquidity and market dynamics. Traders should monitor SOL's staking trends and liquidity changes for informed trading decisions.

According to Lookonchain, Galaxy Digital has withdrawn 606K SOL, equivalent to $79.7M, from exchanges and staked 462K SOL, valued at $60M, over the past four days. This significant movement of Solana tokens suggests a strategic shift towards long-term holding and network support, potentially influencing SOL's market price and liquidity. Traders should monitor Solana's network metrics and Galaxy Digital's further actions for potential impacts on trading strategies.

According to The Data Nerd, a wallet identified as S4m83 withdrew 18,391 SOL (~$2.43M) from Coinbase just two hours ago, adding to a total accumulation of 255.69k SOL (~$40.4M) over the past month. This strategic move suggests potential bullish sentiment or market manipulation, as S4m83's average entry price stands at $158 per SOL.

According to Lookonchain, a mysterious whale has withdrawn 25,306 SOL (approximately $5 million) from Coinbase, with indications that the funds might be used to purchase more AI-related tokens. This follows a previous transaction where the whale spent 38,138 SOL (around $7.8 million) acquiring ARC and AI16Z tokens.