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exchange liquidity impact

Whale Withdraws $5.88 Million in SOL from Binance for JitoSOL Staking Conversion

A significant cryptocurrency holder has executed a major asset transfer involving Solana (SOL), withdrawing 38,834.5 SOL valued at approximately $5.88 million from the Binance exchange. The withdrawn SOL was converted into JitoSOL, a liquid staking derivative token that enables holders… Read More »Whale Withdraws $5.88 Million in SOL from Binance for JitoSOL Staking Conversion

Metalpha Withdraws $48.45 Million in Ethereum From Binance, Signaling Major Institutional Move

Crypto asset management firm Metalpha executed a significant withdrawal of 18,000 Ethereum (ETH) from the Binance exchange, valued at approximately $48.45 million. Large-scale withdrawals of this magnitude are frequently interpreted as indicators of strategic portfolio adjustments or enhanced risk management… Read More »Metalpha Withdraws $48.45 Million in Ethereum From Binance, Signaling Major Institutional Move