Crypto Whale Spends $10.26 Million USDC to Acquire 121,368 SOL

Lookonchain reports whale 'AHdUMw' purchased over 121,000 SOL for $10.26 million USDC at $84.57 each, reflecting notable high-value activity in the Solana market.

SOL

USDC

55d ago

Summary

Blockchain analytics platform Lookonchain revealed that whale 'AHdUMw' acquired 121,368 SOL at an average price of $84.57, spending 10.26 million USDC. The transaction occurred two hours before the report, highlighting significant investment activity in Solana.

Terms & Concepts

USDC: A stablecoin pegged to the U.S. dollar, used for transactions and as a store of value in digital markets.
SOL: The native cryptocurrency of the Solana blockchain, used for transactions, staking, and network fees.
Whale: A term for an investor holding large amounts of cryptocurrency, capable of influencing market prices through significant trades.