SOL giant whale frantically bought 15.4 million dollars at dawn, why can't it break through 158?
The battle between long and short positions in SOL has begun! The MACD red bars have weakened, and the giant whale is secretly making small moves. Will it skyrocket or plummet tonight?
At around three in the morning, a mysterious wealthy individual purchased nearly 100,000 SOL in five transactions, spending 15.4 million dollars, averaging 156.3 dollars each, mostly buying in the price range of 155-157. This is clearly a low-price accumulation! The Solana Foundation suddenly announced it would invest 32 million dollars in AI projects, and they have already sold 87,000 units of their Chapter 2 phone in pre-sale. The staking volume of SOL surged by 18%, all good news!
The trading volume looks impressive, but in reality, it is the main force playing a game of back-and-forth—MA5 trading volume was 624,000, suddenly spiking to 895,000, but the price only rose by 0.8%, which is clearly a false move! The MACD golden cross is pitifully weak, and the long positions are too afraid to push forward, with perpetual contract funding rates dropping to 0.003%, indicating that leveraged funds are fleeing. The key support level has shifted down to 150 dollars, with 110 million dollars of long positions still buried below. There are 24 million dollars of support orders at 147.5 dollars, but the main force is depositing 150,000 SOL on Binance, then placing a limit buy order for 120,000 SOL on OKX, clearly aiming to lower prices and accumulate. Tonight, something is likely to happen!
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