$SOL is showing a very different kind of whale activity right now.
One wallet that had been inactive for over two years suddenly bought 47,535 SOL, worth around $3.6M. What makes that purchase notable is the wallet’s history: it accumulated SOL around $23.37 in 2023 and eventually realized more than $20M in profit around $128.
But not every large holder is adding.
Another leveraged whale has already closed half of a major long, locking in roughly $475K while keeping the remaining position open.
That mix matters to me. Some large players are positioning for more upside, while others are reducing exposure into strength.
The next signal is whether fresh spot buying continues or profit-taking starts becoming the dominant behavior. $SOL
#Write2Earn
One wallet that had been inactive for over two years suddenly bought 47,535 SOL, worth around $3.6M. What makes that purchase notable is the wallet’s history: it accumulated SOL around $23.37 in 2023 and eventually realized more than $20M in profit around $128.
But not every large holder is adding.
Another leveraged whale has already closed half of a major long, locking in roughly $475K while keeping the remaining position open.
That mix matters to me. Some large players are positioning for more upside, while others are reducing exposure into strength.
The next signal is whether fresh spot buying continues or profit-taking starts becoming the dominant behavior. $SOL
#Write2Earn