Whale Unstakes Significant Solana Holdings, Transfers to FalconX

A large cryptocurrency holder recently conducted a notable action on the Solana blockchain. On February 26th, data from BlockBeats and Onchain Lens revealed that this whale unstaked 1.36 million SOL worth approximately $198.67 million and subsequently transferred these funds to FalconX’s hot wallet. Notably, the whale’s overall holdings remain significant, with an estimated $5.79 million in solana held in their main wallet, representing a substantial portion of their total cryptocurrency assets.