Massive Solana Withdrawal From Centralized Exchange Observed

A recent surge in activity has been noticed on the Solana blockchain, as tech firm TechFlow and blockchain analytics platform Lookonchain revealed the withdrawal of 145,000 SOL from a centralized exchange within the past hour. The total value of these transactions amounts to approximately $21.8 million. This substantial movement of digital currency raises questions about the potential reasons behind this large-scale transfer.