Solana Whale Moves 200,000 SOL to Coinbase Prime

On October 30, 2025, a Solana ancient whale moved 200,000 SOL, valued at $40 million, to Coinbase Prime, according to Arkham analyst Emmett Gallic.

This transfer highlights early ecosystem token movements, prompting market attention for potential liquidity shifts, trading opportunities, and its impact on Solana’s overall market dynamics.

Solana Whale’s Significant $40 Million Transfer to Coinbase

Solana’s ancient whale address transferred 200,000 SOL valued at $40 million to Coinbase Prime, approximately five years after the tokens were obtained from the ‘Non-Circulating Supply.’ Emmett Gallic from Arkham Intelligence identified this move.

Market reactions have been varied. Some market participants view this as a potential sell pressure indicator, while others suggest potential over-the-counter deals or portfolio reallocations. Gallic states that such transactions can imply changing market dynamics, yet no official statements from Solana Foundation have provided clarity.

“A Solana ancient whale address transferred 200,000 SOL to Coinbase Prime. The address received 222,000 SOL from ‘Solana: Non-Circulating Supply’ five years ago when the price was $1.68.” — Emmett Gallic, Analyst, Arkham Intelligence (Source)

SOL Price and Market Analysis Following Whale Activity

Did you know? Five years ago, the Solana whale address received SOL priced at $1.68. Today’s value reflects a remarkable growth given the currently traded rate of $40 million.

According to CoinMarketCap, Solana (SOL) currently trades at $194.52, with a market cap of $106.92 billion. It maintains a market dominance of 2.86%. The 24-hour trading volume is at $8.01 billion, reflecting a 21.19% change. Over 24 hours, SOL’s price saw a notable 35.57% increase, while longer trends reveal mixed performance.

Coincu research analysts suggest that such movements of early-allocated tokens traditionally precede market volatility. The scale of this transfer might lead to short-term sell pressure. However, absent significant price changes, this could indicate a strategic adjustment rather than an outright market exit. LookOnChain analysis offers insights into blockchain activities and trends, which may help further understand these market movements.