Solana Whale Opens New Wallet, Withdraws $5.5 Million from Binance! Bought Three Memecoins!

While memecoins continue to be the center of attention in the market and among investors, Solana (SOL)-based memecoins are attracting more attention.

At this point, a newly created wallet received three memecoins in exchange for millions of dollars worth of Solana.

According to Lookonchain’s post, a newly created wallet withdrew 32,695 Solana worth $5.46 million from Binance to purchase the memecoin.

Spent 18,000 SOL (worth $3M) to buy 6.95M GOAT at $0.43.

Spent 11,750 SOL (worth $1.96 million) to purchase 31.71 million GIGA at a price of $0.062.

Spent 2,900 SOL (worth $484k) to buy 1.98 million FWOG at $0.24.

Recently launched, GOAT managed to take its place among the memecoins purchased by whales. At this point, GOAT, which has increased by 53.6% in the last 24 hours, continues to be traded at $ 0.672 at the time of writing.

Crazy buying!

Someone created a new wallet and withdrew 32,695 $SOL ($5.46M) from #Binance to buy #MEMEcoins !

Spent 18,000 $SOL ($3M) to buy 6.95M $GOAT ($3.39M) at $0.43.

Spent 11,750 $SOL ($1.96M) to buy 31.71M $GIGA ($2.08M) at $0.062.

Spent 2,900 $SOL ($484K) to buy 1.98M… pic.twitter.com/acI8HX0SuR

— Lookonchain (@lookonchain) October 23, 2024

*This is not investment advice.