According to Bijié Wǎng, a large holder of Stellar (XLM) moved over 162 million XLM to Coinbase within a minute, raising concerns about potential selling pressure. The asset fell more than 10% in 24 hours, with three major transfers totaling $36.2 million. The price dropped from $0.2530 to $0.2223, and trading volume surged 58.36% to $291.64 million. Despite the decline, retail investors are buying in, and further whale activity on Coinbase suggests market repositioning.
Over 162M XLM Moved to Coinbase Amid Price Drop
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