🔥 $SOL Whales Go Big: $29M in Fresh Accumulation – $300 Incoming?
💼 SOL Strategies just snapped up 122,524 SOL worth $18.2M at $148.96 each, kicking off their $500M raise with a bang. CEO Leah Wald confirmed this is only the beginning of their validator-focused buying spree.
🚀 Not to be outdone, DeFi Dev Corp scooped 82,404 SOL for $11.2M, boosting total holdings to 400K SOL. These tokens will be staked, generating yield and reinforcing long-term commitment to the Solana ecosystem.
👀 Combined, both firms now control nearly $114M in SOL, signaling serious institutional appetite. The Solana arms race is on — and crypto circles are buzzing.
📊 Despite the buy-in, SOL dipped 2% to $143, but monthly gains remain strong at +24%. With trading volume up 18% to $2.41B, analysts still eye $300 as the next breakout target.
⚠️ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.