A giant whale positions around $SOL ; the holdings hit a new high, and the market landscape may be changing

The giant whale made a large buy in the $SOL market of about $1.07 million at a trade price of $118.40, and its holdings have once again climbed. Over the past week, the $SOL holdings have continued to increase, as institutional investors actively position themselves.

After the breakout on increased volume, the first resistance level is at $120. Whether it can hold above that level is worth watching.

Data source: Whale monitoring

#SOL market outlook