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by: xpoolPosted on: May 28, 2025

Solana (SOL) Holdings on Exchanges Plummet Significantly

A recent drop in Solana (SOL) balances on centralized exchanges has been observed, according to on-chain data analyst Murphy, who cited Glassnode insights. Since early March this year, the SOL holdings have significantly declined from 37.22 million to 27.01 million, a notable decrease of 27.4%. This decline brings the balance close to the lowest point observed in October 2022.

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