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A whale withdrew 121,000 SOL from Binance after 4 months of dormancy, previously down over $8 million in unrealized losses

2 hours ago

March 18 — Per LookOnChain monitoring data, the whale address starting with 0x5p6zP withdrew 121,480 SOL from Binance 8 hours ago, ending a 4-month dormancy. The withdrawal is worth approximately $11.47 million. Four months ago, the same address pulled 186,621 SOL from Binance at an average price of $138, totaling roughly $25.81 million. It now sits on an unrealized loss of over $8 million. Despite the loss, the address continued accumulating SOL with the latest withdrawal.
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Cryptocurrency investor Rudy Kadoch deposited $3 million into Hyperliquid to establish a position in HYPE.

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