Galaxy Digital’s Record SOL Withdrawal Sparks Speculation

A major move in the crypto world has captured attention: Galaxy Digital’s substantial withdrawal of SOL tokens from Binance. The firm’s actions have stirred discussion and speculation within the Solana community, particularly regarding potential strategic intentions. 920,000 SOL tokens, valued at approximately $205 million, were moved by Galaxy Digital to their own account. This significant transfer, reported by on-chain data platform SolanaFloor, raises questions about why this move was made and its implications for the future of Solana.