Whale Moves 39,875 SOL to Bybit — Watch for Profit-Taking

I see that a whale deposited 39,875 SOL (~$8.9M) to Bybit, showing an unrealized profit of about $2.93M. That on-chain move increases the likelihood of selling pressure onto the exchange.

I view this as a cautionary signal rather than a confirmed dump: large exchange inflows often precede profit-taking, but not every deposit results in an immediate sale.

I will watch subsequent exchange flows, orderbook changes and price reaction before taking action.