PANews reported on October 27 that according to monitoring by The Data Nerd, a whale address (starting with 5okwq) withdrew 50,000 SOL, worth approximately US$8.6 million, from Binance 9 hours ago, and then transferred all of these tokens to another address starting with 25ukA.

In addition, two hours ago, another whale address (starting with EGzic) also withdrew about 13,000 SOL from Binance, worth about $2.28 million. Currently, the SOL it holds has reached 95,651 (worth about $16.87 million).