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This afternoon around 4:30, there was a significant SOL transfer on-chain.
Nearly 20,000 SOL were transferred from a European exchange to an institutional custody platform in the United States, amounting to approximately 2.54 million dollars at the time of the price. The exact number is 19,684.84 SOL, and the time is pegged at 16:26.
Recently, it's not uncommon to see SOL being transferred from European platforms to US institutional investors. Could it be that some large funds are re-adjusting their allocations? This trend is worth keeping an eye on.