On-chain monitoring data shows that at 02:06 this morning, a large-scale SOL transfer drew attention. 35,275.11 SOL (worth approximately $5,045,000) was transferred from an anonymous wallet address and ultimately flowed into another hidden identity wallet.

Such large transfers are usually from whale addresses and may involve various scenarios—fund transfers, exchange deposits and withdrawals, or institutional asset reallocations. As a high-frequency trading public chain token, SOL sees a lot of on-chain activity daily, but million-dollar transfers can still reflect strategic changes among market participants.

It is worth noting that the timing and scale of this transfer can often provide some insight into market sentiment. Interested friends can further track the historical activity of these two addresses on on-chain explorers, which may reveal more clues.