1,190,645 Sol minutes: What is happening?

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The main Sol attention caught the attention of the encryption community. The deal, which occurred between two unknown wallets, witnessed 1,190,645 Sol, which moved in Go, which sparked speculation.
According to Blockchain data tracker Pisces alert“1,190,645 Sol worth 242,492,804 transferred from an unknown wallet to an unknown port.”
Although the exact cause of this step is still unknown as well as the identity of the governor, there may be several explanations.
Large quantities of Sol between the governor may indicate that whales may redistribute holdings, and perhaps for a non -prescription trading (OTC). The transfer can be a measure of safety, as the money is transferred to a different cold wallet for the safer storage.
Based on a three -day decrease since January 31, Solana fell sharply in the trading session on Monday, when its lowest level was $ 176, as buyers rushed to buy The Dip. Surprisingly, Solana closed the Monday session in green and more than $ 200. At the time of writing this report, Seoul supports part of her gains, an increase of 5.32 % in the past 24 hours to $ 209.
However, the last Sol step may be in response to the purchase of the last decline across the markets.
Solana network expands
A recent report issued Everstaki Solana’s main features highlighted in 2024.
Daily active titles are a strong indicator of the user participation and the activity of the ecosystems. In October 2024, Solana reached a peak of 120 million active titles. The record for 2024 was reached on October 22, with 9.4 million active addresses in one day.
At the end of December, the network reached the highest level in all daily transactions (ATH) ever (ATH) about 138 million daily transactions (successful transactions and return).
The total closed value (TVL) on Solaa rose to $ 9.5 billion in December, the highest amount since January 6, 2022. Solana Dex Ecosystem was born monthly trading sizes in December, which exceeds $ 188 billion. This has been an amazing increase in eight times since the beginning of the year. Solana was the highest level ever in the priest (the real economic value) on November 20, reaching more than 27.6 million dollars in only 24 hours.