Top Highlights

• Whale Alert shared in an X post earlier today that a whale transferred a huge amount of Solana (SOL) tokens to an exchange
• The transferred SOL was worth approximately $10,487,432.
• , rumors of a possible sell-off circulated within the cryptocurrency community and among traders. Talks of a selloff might not be so far-fetched as SOL’s price decreased by 1.89% over the past 24 hours of trading.
• saw a more than 28% increase in its 24-hour volume, which ended up taking the total volume to $2,531,052,798.
• any blows dealt to the SOL price could be softened by the recent announcement made by the BIT exchange. According to the exchange founder, Jihan Wu, the firm is all set to launch SOL options trading following the colossal surge in institutional demand

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