Mystery Whale Breaks 9-Month Silence, Dumps 82,700 SOL ($7M) to Kraken!

A large SOL holder has resumed selling after a nine-month pause, depositing 82,700 SOL — worth approximately $7.02 million — to Kraken within the past hour. The sudden reactivation is drawing attention given the scale of this wallet's historical activity.

Between May 19, 2024 and August 12, 2025, the same address offloaded a total of 4.19 million SOL for roughly $757 million at an average price of $181. With SOL currently trading well below that average, the renewed selling adds fresh supply-side pressure to the market at a sensitive price level.

Exchange deposits of this size from a historically active whale are a near-term bearish signal for SOL — the market will be watching whether this is a one-off deposit or the start of a sustained distribution cycle.