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Solana falls under $100 as three new wallets move $49M in SOL to exchanges

Solana falls under $100 as three new wallets move $49M in SOL to exchanges
AI summary

Three newly created wallets moved 482,228 SOL worth $49.17 million over three days, with roughly a third of that already sent to exchanges. The transfers began on the evening of Oct. 23, when the three addresses recorded their first transactions within two minutes of each other. Large inflows to exchanges often precede selling, and SOL has slipped below $100, so traders will watch whether the remaining tokens also hit order books.

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