Cryptocurrency makes a record transaction of 61,000 SOL

The cryptocurrency market was shaken by a large transfer of the virtual coin Solana SOL $203.19 Solana 5.66% Market capitalization $99.21 billion VOL. 24 hours $0.55 billion - one of the whales moved more than 61,000 SOL (equivalent to $ 11,769,950 at the time of writing) to an unknown address. The gigantic transaction sparked discussions among analysts, as it may indicate a change in the mood of major players. The transfer was recorded by the analytical company Spot On Chain.

Crypto industry experts emphasize that such large transfers are often preceded by significant price fluctuations, as large cryptocurrency holders (crypto kits) have a significant impact on market liquidity. It is not yet known whether this is a preparation for a sale or simply a reallocation of assets.

In recent weeks, Solana has shown high volatility, and the altcoin market capitalization has decreased by $ 234 billion. Investors are closely monitoring the situation to determine whether this movement signifies the beginning of a new trend or just the temporary activity of one player.