- Long -term Solana Whale moved more than $ 17.64 million in binance four years later.
- If the buyer is held, SOL can visit $ 165 again.
Solana (SOL) has been traded in the last two weeks of the channel. Altcoin has lost significant losses on the chart since it has a $ 187 high, and the same blow is $ 141.
Naturally, this long -term identity caused impatience among long -term holders. Especially those who had previously stake in Staying.
In fact, one of such whales began to make a stake.
Source: X
According to OnChain Lens, whales released 25,008 SOL tokens for $ 3.7 million and deposited 25,000 sol to Binance. In the last two months, the group has freed 125,045 sole.
However, it is worth noting that whales still have $ 117 million, with $ 111.7 million, $ 111.7 million.
When such a large -scale holder starts to sell, most of them are frustrating. This change of emotions match the recent weaknesses of SOL on the chart. As expected, this aroused that long -term beliefs could erose.
Solana Netflows overturns positive after 2 weeks of red
Source: COINGLASS
CoingLass’s data also showed a remarkable change in exchange activities.
For example, the Netflows of SOL changed for the first time in 16 days. In other words, inflow surpasses outflows. In general, he is a pioneer of hiking in sales pressure.
Nevertheless, despite the weak signal, the price of the SOL has been steadily maintained on the chart.
The buyer absorbs the current pressure
Interestingly, instead of dumping more, Zol popped out and saw a rise.
Altcoin was closed in positive aspects for two consecutive days because it was soaked at $ 141. In fact, the token has been trading at $ 152 in the last 24 hours.
Source: Coinalyze
One of the reasons for changes in the price of whales is because other small investors have purchased Altcoin.
According to Coinalyze, buyers use 479K SOL in the field market and use 113K’s amount of delta to indicate a clear supply.
Source: TradingView
From a technical point of view, SOL showed an early sign of potential recovery.
Consider this -Looking at Solana’s Stoch RSI, it suggested that it created an optimistic crossover and strengthened the driving force on the chart.
Thanks to the Crossover mentioned above, the general trend will continue. In a row, the SOL will recover the $ 165 level. RSI verifies the crossover trend here.
On the contrary, if additional whales follow the lawsuit and increase sales, the SOL can return to the main support of $ 140.