FeesSafety
Pluang+

Solana sees $71.5M ETF outflows but $111M wallet transfers suggest custody shifts, not just selling pressure.

01 Nov 2026, 20:27 WIB
CryptoTicker
View Source
Bearish
Solana sees $71.5M ETF outflows but $111M wallet transfers suggest custody shifts, not just selling pressure.

From October 26 to 30, Solana ETFs experienced $71.5 million in outflows, signaling institutional sentiment shift. However, on October 31, two large wallet transfers totaling $111.2 million to Coinbase Institutional indicate capital relocation rather than outright selling. Fund outflows represent a small fraction of Solana's $55.83 billion market cap and daily trading volume, making exchange trading and wallet movements more influential on price. Investors should monitor order books and custody status, as fund flows reflect sentiment but not direct price impact.

Solana's market cap on Pluang stands at Rp1.013,52 trillion as of November 2, 2026, with a 24-hour trading volume of Rp23,82 trillion. Despite recent wallet transfers and ETF outflows noted in the news, Solana's price on Pluang is Rp1.711.524, down 1.85% over the past day, while order activity shows a slight buying bias at 56%. Typical hold time on Pluang is 72 days, indicating moderate investor engagement.

More News (SOL)

Binance moves $400.8M in crypto to unknown wallets, led by $190M Solana transfer

Binance moves $400.8M in crypto to unknown wallets, led by $190M Solana transfer

Binance transferred a total of $400.8 million in cryptocurrency to unknown wallets within a three-hour period ending at 1 p.m. ET on November 1. The largest transaction was a $190 million transfer of two million Solana (SOL) tokens. Other significant...

Neutral
5 hours ago
Binance hacker moves $46M in Solana amid Bitcoin swap rumors, but link to SOL price drop unclear

Binance hacker moves $46M in Solana amid Bitcoin swap rumors, but link to SOL price drop unclear

The Binance hacker transferred about 486,970 SOL worth $46.4 million on November 1, sparking speculation of swaps into Bitcoin that might have pressured Solana's price. However, public transaction data does not confirm any Bitcoin purchases, and Sola...

Market News
Bearish
7 hours ago
2M Solana tokens worth $190M moved from Binance to unknown wallet, sparking market watch.

2M Solana tokens worth $190M moved from Binance to unknown wallet, sparking market watch.

Two million Solana (SOL) tokens valued at approximately $189.9 million were transferred from Binance to an unidentified wallet on November 1. This move took the tokens off the exchange but did not indicate a sale. Traders are closely monitoring the r...

Neutral
8 hours ago
Solana spot sell volume surpasses buy volume; US Solana ETFs see net outflows for second week.

Solana spot sell volume surpasses buy volume; US Solana ETFs see net outflows for second week.

Solana (SOL) spot-market sell volume has exceeded buying for the first time in over six months, signaling increased selling pressure. Concurrently, U.S. spot Solana exchange-traded funds (ETFs) recorded net outflows totaling $25.52 million for the we...

Market News
Bearish
8 hours ago
Solana falls below $107 amid heavy ETF outflows and weak trading volume, risking further decline.

Solana falls below $107 amid heavy ETF outflows and weak trading volume, risking further decline.

Solana's price dropped below the key $107 support level, currently trading around $95, pressured by significant ETF outflows and declining spot trading volume. Institutional demand has weakened, with two consecutive weeks of large ETF withdrawals tot...

Market News
Bearish
9 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App