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100 million SOLs disappeared from Coinbase, the institutional mystery deepened further

Source: CoinWorld
More than 100 million Solana (SOL) tokens were transferred to Coinbase Institutional on a large scale, sparking speculation that analysts interpreted as a sign of increased confidence in the organization in blockchain. The deal was detected by blockchain analytics companies, causing a 15% increase in transaction volume, but the price did not show a significant directional trend. Although the transferor has not disclosed it, the move is consistent with the increasing allocation of high-performance blockchains such as Solana, known for its fast transaction speed and low fees.
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