In the crypto market, whales are collecting Solana (SOL) and NEIRO from Binance and Kraken exchanges. According to data from blockchain tracking firm Lookonchain, three major investors have purchased significant amounts of Solana in recent days.
Solana and NEIRO
According to shared data, the wallet named AA21 has withdrawn and staked 153,511 SOL ($26.4 million) from the Binance exchange in the last six days. Another investor named EHax staked the same way, withdrawing 35,498 SOL ($6.12 million) from Binance and Kraken in the last three days.
Lookonchain also reported that the newly created wallets accumulated over 13 million NEIRO from OKX and Gate exchanges. NEIRO is described by the project as the “official sibling of DOGE.”
“Whales are accumulating SOL!
AA21…QxH9 in the last six days [27 Ekim’den itibaren] Withdrew and staked 153,511 SOL ($26.4 million) from Binance.
EHax…gAUa in the last three days [27 Ekim’den itibaren] Withdrew and staked SOL 35,498 ($6.12 million) from Binance and Kraken.”
Current Market Situation
Solana is trading at $181 at the time of writing and has gained 3.63% in the last 24 hours. While Solana’s market cap is rising, NEIRO on ETH is ranked 465th and has a market cap of $91.75 million. It is eagerly awaited how large investments will affect the price and liquidity of these digital assets.
Experts state that these major acquisitions could have positive effects on the future performance of Solana and NEIRO. However, considering the volatile nature of crypto markets, it is emphasized that investors should be careful.
Major exchanges such as Binance and Kraken are among the important platforms where such large-scale transactions take place. The liquidity offered by these exchanges makes it possible for large investors to manage their positions easily.
Investors can evaluate potential opportunities by closely following such movements in the crypto market. Future developments of crypto assets such as Solana and NEIRO may shape investment strategies in this space.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
