Solana Whale Resurfaces After 1 Year, Withdraws $10.87M in SOL from Binance
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 10 2026- Whale Resurgence: A dormant Solana whale has reentered the market after one year, withdrawing 80,000 SOL valued at approximately $10.87M from Binance, which has sparked speculation about a long-term accumulation strategy and indicates renewed confidence in Solana.
- Market Reaction: This significant withdrawal has drawn widespread attention on social platforms, with many traders interpreting it as a deliberate accumulation rather than routine portfolio management, suggesting the whale may be positioning for future network developments.
- Price Pressure: Despite the bullish signal from the whale's action, Solana's price faced pressure, dropping from a daily high of $140.42 to a low near $135.05, reflecting a 24.42% decline in trading volume, indicating reduced short-term market participation.
- Network Growth: Solana ranks second globally in developer activity, maintaining strong interest, and the anticipated Alpenglow upgrade is expected to enhance network efficiency, making current conditions strategically favorable for long-term holders.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
