According to @lookonchain, three wallets withdrew a combined 15.9 million USD in Solana ecosystem DeFi tokens from exchanges over the last 2 days, including 7.39B PUMP valued at 13.77M, 8.02M CLOUD at 621K, 9.06M KMNO at 539K, 1.33M JTO at 521K, and 3.05M DRIFT at 479K (source: @lookonchain; Arkham Intelligence explorer: intel.arkm.com/explorer/address/586yjYWYgg4i7sFahdtxAb2TwHiMKQkhEsEoEXEujb18 intel.arkm.com/explorer/address/FFDAamfSQpoKsUKMjzt6rvzLAUQKfnSPFnBZQyZk8HWM intel.arkm.com/explorer/address/26nbFGWaybNdMoPKgG5eNznkrAjFR4dgXSCsbF2Xkt5j). PUMP accounted for approximately 86.7 percent of the withdrawn value, with CLOUD 3.9 percent, KMNO 3.4 percent, JTO 3.3 percent, and DRIFT 3.0 percent, based on the figures reported (source: calculations from @lookonchain data; Arkham Intelligence). The flows were characterized as whale and institutional accumulation and were described as withdrawals from exchanges, while the exchange venues were not specified by the source (source: @lookonchain).

According to @MilkRoadDaily, Jito ($JTO) is the leading liquid staking provider on Solana with nearly $3B in total value locked (TVL), framing $JTO as a pure Solana beta play for traders, source: @MilkRoadDaily. Based on this characterization, $JTO’s performance is likely to be highly sensitive to SOL price trends and Solana ecosystem flows, making SOL momentum the primary catalyst and risk for $JTO exposure, source: @MilkRoadDaily.