Major whale withdraws over 120,000 SOL from a certain CEX after 4 months of inactivity, worth approximately $11.47 million

GateNews

2026-03-18 01:40:47

SOL-0,69%

Gate News reports that on March 18, Lookonchain monitoring showed that the whale address 5p6zPz, after being dormant for 4 months, withdrew 121,480 SOL (worth $11.47 million) from a CEX. Four months ago, this address withdrew 186,621 SOL (worth $25.81 million) from a CEX at a price of $138 per SOL, currently showing a paper loss of over $8 million. Despite being in a loss, the whale continued to buy more SOL 8 hours ago.

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