Solayer Team Moves $3 Million in LAYER to Binance, Sparking Market Speculation

Major On-Chain Move Sparks Market Reaction

According to recent data from on-chain analytics platform Onchain Lens, the Solayer team has executed a significant transaction—depositing 18.32 million LAYER tokens, valued at nearly $3 million, into a Binance exchange address. This movement has drawn sharp attention from the crypto community.

Token Flow Hints at Strategic Planning

The wallet involved has received a total of 34.88 million LAYER tokens, worth over $21 million to date. Despite the recent outflow, it still holds 16.56 million tokens, valued at approximately $2.7 million. Such coordinated movements suggest a deliberate strategy, possibly tied to future liquidity management or ecosystem development.

• Single deposit of 18.32 million LAYER tokens
• Total inflow exceeds 34 million
• Over 16 million tokens remain in reserve

Large-scale transfers like this often signal upcoming market activity. Traders and analysts are watching closely, anticipating potential price shifts or project announcements in the near term.