Crypto Whales Amass Millions in Solana and Neiro Amid Strategic Moves

Blockchain tracking service Lookonchain recently revealed that a few crypto "whale" investors have been rapidly acquiring substantial quantities of Solana (SOL) from leading exchanges Binance and Kraken, with the funds subsequently staked—a move typically indicating a long-term investment perspective.

Blockchain tracking service Lookonchain recently revealed that a few crypto “whale” investors have been rapidly acquiring substantial quantities of Solana (SOL) from leading exchanges Binance and Kraken, with the funds subsequently staked—a move typically indicating a long-term investment perspective.

Over the last week, three prominent whale wallets pulled nearly $35 million worth of SOL, taking it off-exchange and into staking mechanisms.

Among these, one whale withdrew approximately 153,511 SOL from Binance, valued at $26.4 million, over a six-day span starting October 27.

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A second account withdrew around 35,498 SOL, worth roughly $6.12 million, over three days, also transferring the funds into staking. The third whale removed 13,000.8 SOL, about $2.3 million, bringing their total holdings to over 95,000 SOL—an impressive sum with Solana trading at $180.

Lookonchain’s analysis also noted a recent surge in new wallet activity for Neiro (NEIRO), an Ethereum token positioned as a “sister” to Dogecoin.

One wallet, created on October 26, withdrew 230.4 ETH (valued at $575,000) from OKX to acquire over 8 million NEIRO tokens, while another new wallet transferred 5.41 million NEIRO, worth $453,000, from Gate.io. At a trading price of $0.09177 and a market cap near $91.75 million, NEIRO ranks as the 465th-largest crypto project, despite a recent dip in value.

This burst of activity on both SOL and NEIRO reflects targeted moves by large-scale investors, often perceived as strategic signals within the crypto market.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.