Anonymous wallet sends $56M in SOL to Binance

According to data from Whale Alert, 304,906 SOL were transferred from the anonymous Solana wallet `3bJvhxLg6TFEv2w1we4Zk9Mm5Ww3zFW22D2eWFrmpgGW` to a Binance exchange wallet at approximately 5:02 a.m. UTC on Oct. 18. The transaction was valued at roughly $56.03 million, based on a SOL price of $183.75 at the time. Such transfers to an exchange are often interpreted as a precursor to selling.