Dormant Binance Whale Withdraws 80,000 SOL After Year-Long Inactivity

Lookonchain reports a dormant Solana wallet, inactive for a year, withdrew 80,000 SOL from Binance five hours ago, worth $10.87 million.

Rich by Coin

2026-01-10

Lookonchain monitoring reported that a dormant Solana wallet, inactive for a year, withdrew 80,000 SOL from Binance about five hours ago, a move valued at $10.87 million. The withdrawal was made from Binance and involved a dormant wallet that had not moved for one year. Lookonchain did not disclose the wallet address or the intended use of the funds.

This incident underscores ongoing liquidity movements on major exchanges and demonstrates how large dormant holdings can re-enter circulation. It highlights liquidity dynamics in the Solana ecosystem and shows that large dormant positions can re-enter circulation via centralized exchanges.