$SOL whales are active again.
A previously dormant smart-money wallet just bought 47,535 SOL (~$3.6M) after more than two years of silence.
This same wallet accumulated heavily in 2023 at an average of $23.37 and later took over $20M in profits near $128.
At the same time, a separate leveraged whale closed half of a large long position for ~$475k realized profit while still holding the rest.
Spot accumulation from a proven wallet is meeting selective profit-taking.
Traders will be watching whether more large wallets continue adding near these levels.
A previously dormant smart-money wallet just bought 47,535 SOL (~$3.6M) after more than two years of silence.
This same wallet accumulated heavily in 2023 at an average of $23.37 and later took over $20M in profits near $128.
At the same time, a separate leveraged whale closed half of a large long position for ~$475k realized profit while still holding the rest.
Spot accumulation from a proven wallet is meeting selective profit-taking.
Traders will be watching whether more large wallets continue adding near these levels.