Binance: Wallet Withdraws 281000 SOL for $29.68M

Binance handled a withdrawal of 281000 SOL ($29.68M) today from an address that deposited 14.06M USDC one month earlier.

SOL trades at $103.96 inside Bollinger Bands with upper resistance at $111.44 and lower support at $93.68. The 50-EMA at $97.5 and 200-EMA at $85.05 frame the bullish structure while MACD shows a death cross at 2.44 and RSI sits neutral at 57.61. Price testing upper Bollinger resistance while RSI remains moderate points to a probable retracement toward the 50-EMA support before continuation.