The two new wallets together hold approximately 112,600 SOL, worth about $9.67 million.

CoinFeed reported on May 21 that, according to Onchain Lens monitoring, newly created wallets are accumulating SOL. Wallet “8qBMv” received 88,004 SOL ($7.56 million) from FalconX and transferred it to another wallet. Wallet “ECgwn” received 24,560 SOL ($2.11 million) from Binance and sent it for staking.