CandleFocus Solana Whale Stakes $15M SOL Amid $4.5B SOL Meme Coin Panic
2025-02-19
Author: Content Editor
Despite the ongoing panic surrounding meme coins on the Solana network, a large investor known as a Solana whale accumulated coins for staking purposes. This whale withdrew 87K SOL, worth $14.8 million, for staking while the price of SOL was trading around $169. This has led traders and investors to speculate whether SOL can recover and surpass the $200 mark, as it has seen a 15% drop in value since last week due to a meme coin insider trading scandal involving $4.5 billion worth of SOL.
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