Blockchain analytics firm Lookonchain reported that an unidentified holder moved 1.49 million Solana (SOL) tokens to several exchanges over 10 days, putting the assets on trading platforms without confirming a sale.
Lookonchain valued the transfers at about $148.77 million. The total combines deposits made over 10 days rather than describing a single transfer.
Depositing tokens at an exchange gives their owner access to a venue where they can trade. The deposits alone do not show whether the holder traded afterward or how many tokens, if any, changed hands.
Lookonchain did not identify the holder or report a verified sale amount.
