Newly Created Wallets Accumulate More Than $9.6M in Solana

Newly created wallets have started accumulating Solana, with blockchain data showing substantial inflows from major crypto platforms.

In one instance, wallet “8qBMv” received 88,004 SOL (about $7.56 million) from FalconX, before transferring the funds onward to another address shortly after the deposit.

Similarly, another new wallet, “ECgwn,” obtained 24,560 SOL (approximately $2.11 million) from Binance and promptly allocated the assets to staking, reflecting immediate engagement with network yield opportunities.

Source: Onchain Lens