$SOL
#Solana is showing an interesting setup after pulling back from $110 to around $102. The dip hasn’t changed the bigger picture yet, especially with SOL now holding above the $100 level and trading near $105.
What makes this move more interesting is whale activity. One dormant whale returned after eight months and bought 76,856 SOL worth roughly $8 million through Hyperliquid. That comes just a day after two other whales accumulated another $33.5 million worth of SOL. That’s not random buying—it shows bigger players are still comfortable accumulating during the consolidation.
Spot netflows are also turning supportive, with around $4.5 million flowing out of exchanges. At the same time, bullish momentum indicators remain in favor of buyers.
If SOL can reclaim and hold above $105, the next real test is $110. A clean breakout there could open the door to another strong move higher. But if derivatives selling continues, SOL may need more time to build momentum.
#Solana is showing an interesting setup after pulling back from $110 to around $102. The dip hasn’t changed the bigger picture yet, especially with SOL now holding above the $100 level and trading near $105.
What makes this move more interesting is whale activity. One dormant whale returned after eight months and bought 76,856 SOL worth roughly $8 million through Hyperliquid. That comes just a day after two other whales accumulated another $33.5 million worth of SOL. That’s not random buying—it shows bigger players are still comfortable accumulating during the consolidation.
Spot netflows are also turning supportive, with around $4.5 million flowing out of exchanges. At the same time, bullish momentum indicators remain in favor of buyers.
If SOL can reclaim and hold above $105, the next real test is $110. A clean breakout there could open the door to another strong move higher. But if derivatives selling continues, SOL may need more time to build momentum.