The post Solana Whale Has Dumped $84M This Year Employing The DCA Strategy! appeared first on Coinpedia Fintech News
A Solana whale has employed a dollar-cost averaging (DCA) strategy, gradually selling tokens over time rather than making a single, large transaction. The whale deposited almost $2.8 million into several exchanges, bringing the investor’s total tokens sold this year to $84 million. According to blockchain data analysis company Lookonchain, the whale has transferred at least 594,000 SOL tokens to Coinbase, Binance, and OKX this year. The whale sold tokens at least once per week, with the latest sale being a 20,000 SOL about $2.8 million token transaction.