Binance Hacker: Swaps 486k SOL for BTC via RelayProtocol

Lookonchain reports the Binance hacker has shifted 486,970 $SOL ($46.4M) in the past hour and begun swapping the full 970,522 $SOL ($95.9M) haul for $BTC through RelayProtocol.

SOL trades at $95.44 inside its Bollinger Bands on the 4h chart, with price action pinned between the $92.67 lower support and $101.12 upper resistance. The structure remains bearish as price sits below both the EMA50 at $99.27 and EMA200 at $105.51, yet the MACD golden cross at -1.36 signals building bullish momentum while RSI at 38.61 stays neutral and leaves room for a test of the $99.27 EMA50 before any sustained move higher.