Multicoin associated addresses transferred 440,000 JITOSOL to market makers, worth approximately 47 million dollars

According to Arkham analyst Emmett Gallic's monitoring, Multicoin-associated addresses transferred 440,000 JITOSOL to market makers FalconX and Galaxy Digital, worth approximately $47 million.

Emmett Gallic expects that Multicoin still holds at least about 2.8 million SOL ($250 million). At the beginning of 2021, they held as much as 24 million SOL. Multicoin co-founder Kyle Samani announced his departure to explore new directions in the tech field while still serving as the chairman of the largest SOL treasury company.