A whale withdrew 94,100 SOL from a certain exchange, possibly to continue staking on Drift Protocol.
According to Odaily, on-chain analytics account The Data Nerd monitored that about 6 hours ago, a whale address labeled dogeftw_sol withdrew 94,100 SOL from an exchange, worth approximately $8.75 million. Past behavior shows that this address usually stakes all withdrawn SOL to Drift Protocol. Over the past 5 months, this address has staked a total of about 360,500 SOL, valued at approximately $72.24 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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