A whale recently sold 96,155 $SOL, generating a $4.5 million profit. However, this sale comes with a twist: the whale purchased $SOL at an average price of $100 last year, missing out on a potential sale price of $250.
This move suggests that even whales are starting to panic and sell at low prices. But will the market continue to plummet?
Unlikely. We're approaching a major support zone at $87,000 for BTC. Although a drop to $71,000 is possible, especially with Trump's efforts to disrupt the markets, there's still hope.
Encouragingly, whales and institutions continue to accumulate assets. Today alone, they purchased 8,000 BTC, 40,600 ETH, and made smaller buys in altcoins.
