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Whale Sells 1.02M SOL Worth $104M Over Five Days

A single whale sold 1.02 million SOL over the past five days, a haul worth $104 million. The size of the disposal makes it one of the larger single-entity SOL sell-downs tracked in recent sessions, though the identity of the wallet was not disclosed.

Original source

AI take

The headline number matters less than the concentration: a single undisclosed wallet moving over a million SOL in five days is the kind of flow that can shape short-term liquidity and sentiment far more than its share of total supply would suggest. Because the identity is unknown, the market has no way to judge whether this is routine treasury management or a deliberate exit, and that ambiguity tends to weigh on confidence. The open question is whether the selling pace continues or the wallet's remaining balance, if any, becomes visible on-chain.

Generated by AI for reference only.

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