Latest Update
2026-10-30 23:57 UTC

Coinbase Prime: 1.223M SOL Deposits Total $117M

Coinbase Prime: 1.223M SOL Deposits Total $117M

@EmberCN reported that 1.223 million SOL worth $117 million moved into Coinbase Prime through a single deposit address on October 31, 2026.

Source

Analysis

Coinbase Prime received 1.223 million SOL valued at $117 million via one deposit address two hours before the October 31 tweet from @EmberCN.

The inflow lands while SOL trades at $95.85 inside its 4-hour Bollinger band. Price sits below both the EMA50 at $99.59 and the EMA200 at $105.65, confirming the prevailing bearish structure. MACD has printed a golden cross at -1.43, yet RSI at 40.38 shows no momentum surge.

With price testing the upper band resistance near $102.34 while the 50-EMA caps upside, a retracement toward the lower band support at $92.57 remains the higher-probability path before any sustained recovery attempt.


余烬

@EmberCN

Analyst about On-chain Analysis