1.223 Million Solana Deposited to Coinbase Prime, Worth About $117 Million

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1.223 Million Solana Deposited to Coinbase Prime, Worth About $117 Million

A total of 1.223 million Solana was deposited into Coinbase Prime.On Oct. 31, on-chain analyst EmberCN wrote on X, formerly Twitter, that 1.223 million Solana had flowed into Coinbase Prime through the same deposit address about two hours earlier.At current prices, the transfer was worth about $117 million. As of 5 p.m., Solana was trading at $95.44, down 1.74% from a day earlier, according to CoinMarketCap.The entity behind the deposit and the specific purpose of the transfer were not identified.