Anonymous whale withdraws $9.7M in SOL from Coinbase

An anonymous whale address starting with tySkDsZ withdrew 95,928 SOL worth $9.74 million from Coinbase, Lookonchain reported. Exchange outflows are typically interpreted as a sign of holding intent. Lookonchain added that the address made $4.95 million in profit over the past three years through two SOL swing trades, successfully buying near lows and selling near highs.