Institutional Capital Flows and Market Impact: Analysis of US$303 Million SOL Transfer to Binance
Source: CoinWorld
Time: 2025-09-09 22:51:02
Solana (SOL)’s transfer of $303 million to Binance has sparked speculation about institutional liquidity strategies as Solana’s app revenue soared 213% driven by memecoin. Fidelity reported that institutional activity grew 22%, while Pantera, Galaxy and Multicoin-backed companies plan to invest $2.25 billion in Solana. The move may reflect profit-taking or hedging as altcoins trade volumes grew 45% quarterly. Binance's trading volume in August reached $737.1 billion, and remains a key hub for large-scale capital rotation to high-growth assets such as SOL.