$SOL Whale Stakes $505M in Solana After Massive Binance With
_Wendy
Updated at: 10 hours ago
{"content":"$SOL Whale Stakes $505M in Solana After Massive Binance Withdrawals 🐋⚡️
A whale or institution has staked an additional 1.5M $SOL ($318.77M), bringing their total staked position to 2.5M $SOL ($505.8M) over the past 8 days.
All of these funds were withdrawn from Binance before being locked on-chain, signaling strong long-term conviction in Solana’s ecosystem and reducing immediate exchange liquidity.
Such large-scale staking strengthens Solana’s network security while also suggesting that whales and institutions view SOL as a core yield-generating asset in the current market cycle.
💬 What’s your take — is this massive stake a bullish signal for Solana’s future, or could it concentrate too much power in institutional hands?
Tap SOL to explore and trade now 👇
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