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Rollbit Treasury Wallet Sells $10.17 Million in Solana

A Rollbit Treasury-linked address moved 50,000 SOL at an average price of $203.4, marking its first major activity in two years.

SOL

Summary

A Rollbit Treasury-linked wallet sold 50,000 SOL valued at about $10.17 million at an average price of $203.4. The tokens, acquired two years ago when SOL traded at $24.6 and worth $1.23 million then, were moved in the address’s first major transaction in two years.

Terms & Concepts
  • SOL (Solana): The native cryptocurrency of the Solana blockchain, used for transaction fees, staking, and network governance.
  • Treasury Wallet: A cryptocurrency wallet controlled by an organization for managing reserves, operational funds, or strategic investments.
  • On-chain Transaction: A blockchain-recorded transfer of digital assets between addresses, permanently stored on the public ledger.