One whale just moved 1.49M $SOL, about $148.77M, onto exchanges in 10 days.
Per Lookonchain, the deposits went to multiple venues, not one.
SOL trades near $91-92, down over 3.5% this week (FXStreet).
Spot Solana ETFs also logged their biggest weekly outflow since launch: $71.47M (SoSoValue).
Exchange deposits can mean selling, but they can also be collateral or OTC prep. The signal is whether the SOL actually hits the order books. Watch the $88 support and net exchange inflows.
Does this whale sell into $90, or is it just repositioning? Drop your take.
Not financial advice.
#Solana #SOL #WhaleAlert #Crypto
Per Lookonchain, the deposits went to multiple venues, not one.
SOL trades near $91-92, down over 3.5% this week (FXStreet).
Spot Solana ETFs also logged their biggest weekly outflow since launch: $71.47M (SoSoValue).
Exchange deposits can mean selling, but they can also be collateral or OTC prep. The signal is whether the SOL actually hits the order books. Watch the $88 support and net exchange inflows.
Does this whale sell into $90, or is it just repositioning? Drop your take.
Not financial advice.
#Solana #SOL #WhaleAlert #Crypto