The whale sold 96,155 $SOL , earning $4.5 million. However, the problem is that he bought them at an average price of $100 a year ago and could have sold for $250 not too long ago. Even whales are starting to panic and sell at the lows.
Are we going even lower? I don’t think so. As mentioned earlier, we are approaching a major support zone around the $87K mark for BTC. While a drop to $71K is possible—especially with Trump seemingly doing everything to crash the markets—there’s still hope. Whales and institutions are largely continuing to accumulate, despite occasional large sell-offs.
For instance, today, they purchased 8K BTC, 40.6K ETH, and made numerous smaller buys in altcoins.#onchaininsight #CMEsolanaFutures #BTCRebundsBack #MemesNotSecurity #SHELLAirdropOnBinance