1.223M SOL Worth $117M Deposited to Coinbase Prime via Single Address

A single-address move of this size into a prime brokerage venue is the kind of flow that draws attention less for the destination than for the consolidation pattern: routing through one address before Coinbase Prime suggests a deliberate, pre-arranged transfer rather than scattered selling. Prime platforms serve institutional clients, so the signal is about custody or execution readiness, not retail sentiment. Whether the tokens remain parked or later move toward exchange order books is the open question worth watching.