According to Lookonchain, in the past 12 hours, five whale accounts have unstaked a total of 5.52 million SOL, valued at approximately $810 million. Furthermore, 3.54 million SOL, equivalent to about $516 million, has been deposited into Coinbase Prime. This significant movement of SOL suggests potential market shifts and could impact the liquidity and trading volumes on exchanges, particularly on Coinbase Prime.

According to Lookonchain, in the past 12 hours, five whale accounts have unstaked 5.52 million SOL, valued at approximately $810 million. Additionally, 3.54 million SOL, worth around $516 million, has been deposited into Coinbase Prime. This significant movement of SOL may impact the liquidity and price dynamics of the cryptocurrency, suggesting a potential increase in trading activity or strategic repositioning by large holders. Traders should monitor these developments closely for potential volatility in SOL's market price.