According to @OnchainDataNerd, two newly created wallets withdrew a combined 70,000 SOL, about 9.8 million USD, from Binance over the past five hours, with an average entry price near 140 USD (source: @OnchainDataNerd). The transfers were made to two fresh wallets whose addresses were shared by the source, indicating the coins left the exchange’s custody at the time of withdrawal (source: @OnchainDataNerd). This outflow mechanically reduces immediately available SOL on Binance by 70,000 coins at the time of the transfers, based on the reported on-chain withdrawals (source: @OnchainDataNerd). Given the reported average entry of about 140 USD, these wallets are in unrealized profit when SOL trades above 140 USD and in unrealized loss when below 140 USD, derived from the source’s cost basis data (source: @OnchainDataNerd).