Multicoin associated address transferred 440,000 JITOSOL to the market maker yesterday, worth approximately $47 million.

GateUser-6433627c · 2026-02-06T15:24:45+00:00

On February 6th, analyst Emmett Gallic pointed out that the Multicoin associated address transferred 440,000 JITOSOL to the market maker, worth approximately $47 million. Multicoin currently still holds about 2.8 million SOL. Co-founder Kyle Samani announced he will be stepping down to explore new directions.

GateUser-6433627c

2026-02-06 15:24:45

Abstract generation in progress

On February 6, according to Arkham analyst Emmett Gallic monitoring, the Multicoin related address transferred 440,000 JITOSOL to market makers FalconX and Galaxy Digital yesterday, worth approximately $47 million. Emmett Gallic estimates that Multicoin still holds at least about 2.8 million SOL ($250 million). In early 2021, they held as many as 24 million SOL. On February 5, Multicoin co-founder Kyle Samani announced his departure to explore new directions in the technology sector, while still serving as chairman of the largest SOL treasury company.

SOL8.18%

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