Whale Wallet Deposits 240,000 SOL to Three Exchanges in 24 Hours

TradingBeats monitoring cited by BlockBeats says the whale-labeled wallet HoYd72 deposited 240,000 SOL worth about $25.3 million to Binance, OKX and Bybit over 24 hours.

What the monitoring shows

The cited monitoring labels the wallet as selling SOL and records deposits to the three centralized exchanges. The report provides the token total and an approximate dollar value, but no complete wallet address, transaction hash or itemized transfer record.

Deposits are not proof of completed sales

Moving tokens to exchanges can precede a sale, but the flash does not establish that HoYd72 sold the SOL. The selling description and any potential market impact remain an interpretation of TradingBeats’ monitoring.

Read the original BlockBeats flash.