In recent news, a large investor known as a crypto whale withdrew 123,500 SOL worth $20.80 million from the exchange. Despite Solana (SOL) appearing bearish and likely to stay between $160 and $180, traders holding long positions are over-leveraged at $162.8 and have placed $145 million worth of long bets. Despite the bearish outlook, traders and investors are continuing to accumulate and bet on SOL, suggesting confidence in its price not falling below $162.8.



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