The giant whale sold mSOL worth over US$5 million, and mSOL fell 18% in the short term.
According to data from The Block Research, mSOL, a derivative product based on Solana's liquid staking, fell 18% in a short period of time early Wednesday morning Beijing time. Prior to this, a whale wallet sold more than $5 million worth of mSOL tokens and exchanged them for SOL.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
IRUSDT now launched for futures trading and trading bots
Bitget Spot Margin Announcement on Suspension of HIGH/USDT, GTC/USDT, SLP/USDT, PERP/USDT Margin Trading Services
CandyBomb x IR: Trade IR or BTC to share 1,104,000 IR
Bitget to delist the BABY On-chain Earn product
