Solayer team large transfer of 18.32 million LAYER tokens, more than half of the holdings have been cashed out

ZkSnarker · 2026-01-17T09:34:16+00:00

On January 17th, the Solayer team transferred 18.32 million LAYER tokens to a certain exchange, equivalent to approximately $3 million. Their wallet history shows a total receipt of 34.88 million tokens, with about half already sold. This transfer may involve liquidity adjustment or fund operations; LAYER holders are advised to pay attention to on-chain signals.

ZkSnarker

2026-01-17 09:34:16

Abstract generation in progress

【Blockchain Rhythm】On January 17th, the Solayer team wallet made a major move—transferring 18.32 million LAYER tokens to a leading exchange, worth approximately $3 million.

Interestingly, the wallet’s historical records tell a clearer story. On-chain data shows it has received a total of 34.88 million LAYER (peak value approximately $21.65 million). Currently, it still holds 16.56 million, indicating the team has already reduced their holdings by about half.

The logic behind this transfer is worth pondering—whether it’s for liquidity adjustment or reallocating funds for subsequent operations. In any case, this provides a good window to monitor the true movements of project teams. For LAYER holders, paying attention to such on-chain signals can help better understand the rhythm of institutions and teams.

LAYER-2,46%

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ChainSauceMaster

· 1h ago

The team's move is quite significant, cashing out half of their holdings... I need to ask, are they reallocating funds before bottom-fishing, or do they really want to run?

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NftBankruptcyClub

· 21h ago

The team has started cashing out, while retail investors are still sleepwalking.

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SatsStacking

· 01-17 11:51

The team has cashed out half already, this pace... need to keep a close watch.

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TokenTherapist

· 01-17 10:03

Half of the team has cashed out... this pace is a bit hard to keep up with.

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FUD_Whisperer

· 01-17 10:03

The team has already cashed out half, this signal is self-evident.

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APY_Chaser

· 01-17 10:00

They're cashing out again; the team is really quick with this.

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¯\_(ツ)_/¯

· 01-17 09:58

Oh no, the team is dumping again. Cutting holdings in half—are they planning to run away?

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LightningLady

· 01-17 09:51

The team is starting to cash out again, this pace is really becoming more and more reckless. --- Reducing by half? That’s so fake, luckily I didn’t hold a heavy position. --- 3 million USD跑路, token holders will have to take the hit again. --- On-chain data is so clear, what are you pretending for? Just say you’re reducing holdings. --- That’s really impressive, anyone involved in this project should learn to read wallets, or else they’ll be eaten alive. --- Liquidity adjustment? I think it’s just paving the way for a run. --- Only reducing by half? I’m saying this coin will crash next year. --- A typical team exit, the moment when token holders can’t sleep peacefully has arrived again. --- This move is too obvious, it feels like a big drop is coming.

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OnchainDetective