๐จ After being silent for two years, a Solana whale suddenly returns!
A single drop of $3.6 millionโdoes it mean the 2023 playbook is about to be copied again?
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็นๅป่ฟๅ
ฅ็็็็ฒไธ็พคA notable move has suddenly appeared in the Solana market. ๐
According to on-chain analytics firm LookOnChain, a SOL whale that had been dormant for a long time recently re-entered the game, buying an additional 47,535 SOL in one go, worth about $3.6 million.
Whatโs most worth paying attention to isnโt the amount. Itโs the whaleโs previous actions, which seem to have followed a similar storyline before. ๐
In August and October 2023, during a period of market dullness, this investor accumulated a total of 291,790 SOL, putting in roughly $6.82 million.
At the time, the average cost was only about $23.37.
And after this large-scale buy, SOL then kicked off a very strong rally. ๐ฅ
So now the market is asking:
Will this time be the same script again?
After more than two years with no obvious activity, the whale suddenly adds to its position, and the timing is extremely sensitive. Because now SOLโafter falling considerably from the all-time high of $293.31 reached in 2025โhas retraced a lot. For the market, when whales reappear during a slump, itโs often taken as a signal worth watching. ๐
But itโs important to note here too:
Whale buys โ SOL must go up.
A large on-chain transaction only indicates that a big investor is reconfiguring their assets; it doesnโt directly prove the market has already bottomed.
What really needs to be watched now is the next moves. If this whale continues to increase its holdings, and other large wallets start showing similar behavior too, then market sentiment may shift further.
On the other hand, if itโs just a one-time action and no follow-through occurs, then the reference value of this trade will drop significantly. โ ๏ธ
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