Despite some volatility in the altcoin space, Ethereum competitor Solana continues to be the one of top-performing assets in the top ten crypto list. The SOL price has surged to $44 as Solana eys its next move to $50 as big players like VanEck see massive opportunity.
Solana Price ActionsAmid FTX Transfers
As per on-chain data, the crypto exchange FTX has been moving massive sums of its Solana holdings to exchanges. Despite this, the SOL bulls continue to absorb the selling pressure on the altcoin.
As per data by Spot on Chain, FTX and Alameda transferred nearly $40 million to exchanges in the last 24 hours. This is in continuation of the massive transfers happening over the past few weeks.
[Updated] #FTX and #Alameda further transferred out $38.5M worth of 7 assets to exchanges ~6hrs ago:
750,000 $SOL ($31.2M)325,501 $ENS ($2.76M)10.1M $GMT ($2.22M)642,702 $LDO ($1.26M)288,211 $APE ($410K)127,407 $BADGER ($365K)555,342 $BNT ($323K)
Overall, as of Nov… https://t.co/fJT2m0KLnG pic.tw
We współpracy z: https://coingape.com/sol-price-eyes-50-even-as-ftx-solana-transfers-continue/
