FalconX Moves 413K Solana Worth $98M – Impact On SOL Price

FalconX’s $98M SOL Withdrawal Shakes Crypto Market

FalconX’s substantial withdrawal of 413,075 SOL tokens, valued at approximately $98.4 million, from major exchanges like Binance, OKX, Coinbase, and Bybit into its linked wallets has sparked significant interest in the crypto market. This move, occurring over an eight-hour stretch, is notable for its scale and speed, prompting analysts to scrutinize its potential implications for Solana’s price… Source

FalconX Moves 413K Solana Worth $98M – Impact On SOL Price

According to on-chain alerts, FalconX pulled 413,075 SOL from major exchanges over an eight-hour stretch, valued at about $98.4 million. The tokens were moved off Binance, OKX, Coinbase and Bybit into wallets linked to the brokerage, reports have disclosed. FalconX Withdrawals Raise Eyebrows Blockchain trackers flagged the transfers as significant because they happened across multiple... The post FalconX Moves 413K Solana Worth $98M – Impact On …