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Whale offloads 1.02 million SOL worth $104 million across exchanges

An unidentified crypto whale sold 1.02 million SOL worth about $104.3 million over a five-day span, routing transfers through Fireblocks to major trading platforms.

Screenshot of cryptocurrency transaction logs showing transfers from Fireblocks wallets labeled SOL Dumper to various exchanges including Binance, OKX, and Kraken.
Image: @lookonchain

An unidentified cryptocurrency whale dumped 1.02 million SOL valued at approximately $104.3 million over a five-day period, according to on-chain analytics tracker Lookonchain. The activity was also tracked by crypto outlet SolanaFloor, which noted a wallet offloading over 1 million SOL worth upwards of $100 million in the same timeframe.[3][1][2]

Transaction logs shared by Lookonchain show the funds moving from wallets labeled SOL Dumper via Fireblocks custody to multiple centralized exchanges. The deposit destinations included Binance, Bybit, OKX, Kraken, Gate, Bullish, and Bitstamp (Robinhood).[3]

Individual deposits visible in the logs ranged from test transactions of 1 SOL up to tranches of 10,000 SOL, with the largest single transfers valued at roughly $1.02 million each.[3][1]

Key facts

  • Lookonchain reported that an unidentified whale dumped 1.02 million SOL, valued at $104.3 million, over a five-day span.
  • SolanaFloor independently reported a wallet selling more than 1 million SOL worth over $100 million in the past five days.
  • The transfers originated from Fireblocks wallets labeled SOL Dumper.
  • Recipients included deposits at Gate, Kraken, Bullish, Bitstamp (Robinhood), Bybit, Binance, and OKX.
  • Recorded transfers ranged in size from 1 SOL to 10,000 SOL, with single 10,000 SOL deposits valued at up to $1.02 million.

Sources 路 3 sources

  1. SO

    SolanaFloor@SolanaFloorPost on X 路

    INSIGHT: A Solana wallet has sold over 1 million $SOL in the past 5 days, worth more than $100M. https://t.co/Y4ZmqoyGQm

    Open source
  2. SS

    SolanaNews.sol@solananewPost on X 路

    馃毃BREAKING: A MYSTERIOUS SOLANA WHALE HAS DUMPED 1.02 MILLION SOL WORTH $104.3 MILLION OVER THE PAST 5 DAYS!!!馃毃 https://t.co/ZRUdMYbsL8

    Open source
  3. LO

    Lookonchain@lookonchainPost on X 路

    A mysterious whale has dumped 1.02M $SOL ($104.3M) over the past 5 days! https://t.co/zZFhaOfFX1 https://t.co/aboZKnF81y

    Open source