Major liquidity shift detected on Solana's Meteora protocol. One of their heavyweight liquidity providers just made an interesting move—injecting $12.4K USDC into the SOL-USDC pool while keeping SOL contributions at zero.

This asymmetric deposit strategy tells a story. When LPs add only stablecoins to a trading pair, they're typically betting on upward price movement for the base asset. The provider's essentially positioning themselves to accumulate SOL as traders swap in—classic DeFi playbook.

Meteora's been gaining traction as a concentrated liquidity venue on Solana, competing with established DEXs through dynamic fee structures. These whale-sized contributions, even at modest five-figure amounts, can shift pool dynamics and tighten spreads for retail traders.

Worth watching if this signals broader confidence in SOL's short-term trajectory or just routine rebalancing from a market maker.