UPDATED TUE 27 OCT · 02:14 UTCLIVE
MarketsMedium

SOL Whale Selling & Solana Memecoin Frenzy

A suspected whale is offloading $49M in SOL to exchanges over three days, while the Solana memecoin scene sees viral IRL mascot moments and sling sitting on 8-figure gains without selling.

What we know

An account on X flagged three wallets — likely the same whale — moving 482,228 SOL ($49.17M) over three days, with 171,430 SOL ($17.3M) already deposited to exchanges. Meanwhile in Solana memecoin world, another account on X is sitting on 8-figure gains and still not selling. A user who looks like the coin's mascot was confirmed real and is a genuine holder — sling sees a marketing opportunity for Pump.fun. The $OF AI girlfriend token teased live video call features, adding to Solana's AI-meets-memecoin narrative.

By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.