Odaily reported that, according to monitoring by on-chain analyst Yu Jin, a whale address carried out a large SOL purchase on-chain over the past three hours. The address used 16.555 million USDC to buy 234,900 SOL, with the reported average purchase price standing at $70.5.
The transaction represents a whale-level movement visible through on-chain monitoring. The disclosed data includes the amount of USDC spent, the amount of SOL acquired, and the average execution price. The report did not disclose the address’s previous holdings, the source of the funds, or any subsequent transfer arrangement after the purchase.
During the same three-hour window, SOL rose 2%. Based on the information provided, the key figures in this news item are the 16.555 million USDC outlay, the 234,900 SOL purchase size, the $70.5 average buying price, and SOL’s 2% gain over the matching period.