CandleFocus

Is Solana Fall Coming as Smart Whale Cashes Out $3.86M During Peak?

A whale recently sold $3.86 million worth of Solana (SOL) at its latest price peak, leading to speculation that the cryptocurrency may have reached a top. Solana has been performing well in the altcoin market, with its price reaching $164.68, a 4.40% increase in the last 24 hours and a 7.72% increase over the past week. The whale in question has a history of buying at low prices and selling at highs, and they currently hold 20,000 SOL, worth $3.33 million, with total profits exceeding $2.5 million. Solana's network activity has also been growing, with an increase in daily active addresses and transaction volumes.

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