A whale converted $5.88 million worth of SOL, withdrawn from Binance a month ago, into JitoSOL for liquid staking.

On June 30, according to on-chain analyst Onchain Lens (@OnchainLens), a whale withdrew 38,834.5 $SOL, worth approximately $5.88 million, from the Binance exchange. After being idle for a month, the funds were converted to $JitoSOL for liquid staking. [深潮 TechFlow]