Binance Hacker Dumps $96M in Solana for Bitcoin: Did It Trigger SOL’s Drop?

TLDR: Lookonchain tracked 970,522 SOL worth $95.9M, but only $46.4M moved within an hour on November 1. Whale Alert recorded a 485,270 SOL transfer worth $46.35M, without confirming a completed BTC swap. Solana traded near $94.76, down 0.99% in 24 hours, after recording a separate 6.6% decline on October 29. Binance reported replacing about 95% [...]

The post Binance Hacker Dumps $96M in Solana for Bitcoin: Did It Trigger SOL’s Drop? appeared first on Blockonomi.