Solana has witnessed dramatic whale activity with over $1.2 billion worth of SOL moved in a series of seven separate transactions within a short timeframe on September 11, 2025. The transactions were tracked by on-chain monitoring firm Whale Alert and involved both withdrawals from and deposits to Coinbase Institutional.
The largest single transaction involved 1,756,934 SOL (approximately $398.84 million) transferred between two unknown wallets, suggesting possible internal reshuffling by large holders. Meanwhile, the most bullish signals came from two identical withdrawals of 439,233 SOL ($99.2 million each) from Coinbase Institutional to unknown wallets, indicating potential accumulation by high-profile investors or institutions.
Other notable movements included 999,999 SOL ($225.68 million) moved from an unknown wallet to Coinbase Institutional, 755,934 SOL ($171.20 million) transferred back to Coinbase from an unknown wallet, and 505,935 SOL ($114.70 million) exchanged between two unknown wallets. The timing coincides with a broader crypto market rebound, with analysts watching closely whether these large transfers could sustain SOL's ongoing rally.
