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A wallet withdrew $39M in Solana from Binance and staked it within minutes

Protocol Fundamentals
20 Oct 2026
Tokenpost
View Source
Neutral
A wallet withdrew $39M in Solana from Binance and staked it within minutes

A single wallet withdrew 370,000 Solana (SOL), worth about $39 million, from Binance over three hours and staked the entire amount roughly 15 minutes later. Staking SOL allows holders to earn rewards on the Solana network, indicating this large holding was moved into active network participation. This activity shows what happened to these tokens after leaving Binance but does not reflect Binance's overall SOL flow or broader investor sentiment.

Solana (SOL) trades at Rp1.904.771 on Pluang as of Oct 21, 2026 11:02 WIB, showing a modest 0.47% gain in the past day. The platform records a market cap of Rp1.123,59 trillion and a 24-hour trading volume of Rp47,2 trillion, with a nearly balanced order activity of 52% sell and 48% buy. This staking move from Binance aligns with the active participation seen in SOL's typical hold time of 71 days on Pluang.

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