Multicoin Capital moves 440,000 JITOSOL to major trading platforms while maintaining 2.8 million SOL, reflecting its ongoing adjustments in Solana-based holdings.
Multicoin Capital has transferred 440,000 JITOSOL, worth approximately $47 million, to FalconX and Galaxy Digital in the past 24 hours. The firm still holds around 2.8 million SOL, valued at $250 million. This is a significant reduction from its earlier 24 million SOL holdings in 2021, indicating a shift in portfolio strategy with respect to Solana assets.