A $75 million Solana deposit crashes into Coinbase, sparking speculation and highlighting the cryptocurrency's recent surge.

Sunday, Sep 21, 2025 7:59 am ET1min read

A large transaction of 312,233 SOL worth $75 million has been transferred to Coinbase Institutional, sparking speculation about the purpose of the move. The Solana (SOL) chart is boxed in between $226 and $258, and the outcome depends on whether the transfer is for distribution or internal reshuffling.

A $75 million Solana deposit crashes into Coinbase, sparking speculation and highlighting the cryptocurrency's recent surge.

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