【Blockchain Rhythms】A Nasdaq-listed DeFi-related company recently made a significant move in SOL. In just one month, they increased their holdings by over 25,000 SOL. As of January 1st this year, the total amount of SOL they hold has surpassed 2.22 million.
What’s even more interesting is that this company has deployed over 15% of its SOL on-chain, actively participating in the ecosystem. In addition to SOL, their account also holds $9 million in cash, stablecoins, and other tokens.
According to their Q4 financial data from last year, they also spent approximately $11.5 million on share buybacks, repurchasing over 2.04 million shares. This series of actions reflects the institution’s long-term optimism for the Solana ecosystem and has effectively voted for SOL’s market prospects. For traders who pay attention to on-chain whale movements, such data changes often reveal subtle market signals.
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4am_degen
· 01-08 13:22
2.22 million SOL... This move is truly unprecedented, even institutions are starting to heavily accumulate. I'm still debating whether to add to my position.
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ruggedSoBadLMAO
· 01-08 13:09
2.22 million SOL? That's incredible. This must be the final frenzy before a major sell-off.
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fren.eth
· 01-08 01:01
2.22 million SOL... This move by the big institutions is indeed significant, but I'm more concerned about when they will dump.
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ETH_Maxi_Taxi
· 01-05 14:22
This wave of SOL accumulation is really fierce, with 2.22 million tokens just being hoarded like that... Institutional bottom-fishing strategies are truly different.
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EthSandwichHero
· 01-05 14:21
Wow, 2.22 million SOL? How much does that cost in USD? Institutions are really playing hard.
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ProofOfNothing
· 01-05 14:18
2.22 million SOL? Wow, with this move, they've already spent 25,000 in a month and are still stacking aggressively. They really treat Solana like an ATM.
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GetRichLeek
· 01-05 14:16
Damn, how strong is this signal? 2.22 million SOL, the big players are just sitting back and winning. I just cut my losses yesterday, and now seeing this news makes me really want to smash my screen.
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airdrop_whisperer
· 01-05 14:16
Institutions are really all in on SOL, 2.22 million tokens is not a small number. This move is indeed a bet on Solana's future.
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AirdropHermit
· 01-05 14:14
2.22 million SOL, this guy is really all in, I'm a bit panicked now.
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DefiOldTrickster
· 01-05 14:14
2.22 million SOL still needs to allocate 15% for development. This guy really knows how to do the math. I lost money playing like this back in the day.
Nasdaq-listed company makes a large purchase of SOL: bought 25,000 tokens in one month, with over 15% deployed on-chain
【Blockchain Rhythms】A Nasdaq-listed DeFi-related company recently made a significant move in SOL. In just one month, they increased their holdings by over 25,000 SOL. As of January 1st this year, the total amount of SOL they hold has surpassed 2.22 million.
What’s even more interesting is that this company has deployed over 15% of its SOL on-chain, actively participating in the ecosystem. In addition to SOL, their account also holds $9 million in cash, stablecoins, and other tokens.
According to their Q4 financial data from last year, they also spent approximately $11.5 million on share buybacks, repurchasing over 2.04 million shares. This series of actions reflects the institution’s long-term optimism for the Solana ecosystem and has effectively voted for SOL’s market prospects. For traders who pay attention to on-chain whale movements, such data changes often reveal subtle market signals.