The latest data revealed a significant transfer of SOL tokens that has drawn attention in the crypto community.
According to tracking data from Arkham, 20,465 SOL worth approximately $2.09 million were recently moved to Binance from a major holder.
This movement has caught the eye of market analysts and investors alike.
Experts suggest that while such movements may influence short-term sentiment, their impact on long-term trends is minimal.
No official statement has been made regarding the transfer, and we will continue to monitor further developments.