Over $51 Million in Solana Returned to Coinbase: Who's Selling?

Over the last few days, momentum across the broad crypto market has turned extremely bearish and Solana has also had its share of the downturn. Amid the sudden market volatility, Solana and other major crypto assets have continued to record notable sell-off activity. Whale Alert has showcased data for one of such transactions, which may have just been a massive whale sellout. According to the data , an unknown address has moved a total of 470,087 SOL worth over $51 million at Solana's current price to leading U.S. crypto exchange Coinbase.