Solana (SOL) experienced increased market activity as a whale address purchased 34,807 coins worth over $4 million, triggering a 4.26% price spike and a 41% surge in trading volume. Another whale has been consistently selling SOL, with 715,000 SOL sold this year, but still holds a significant stake. SOL's value has risen by 5% in the past 24 hours, with increased long positions in the derivatives market. A positive funding rate indicates higher demand for long positions. If demand persists, SOL's price may jump 17% to $159.90, but profit-taking could lead to a drop to $109.66.



Other News from Today