😳😳 🐋🐋 Transfer 1M
• A large whale transferred 1,079,999 SOL ($206.7M) on July 21, 2025
• SOL is trading at $199.06, up from $177, approaching the local maximum of $204.13
• Technical indicators: RSI overbought (79.73) but MACD remains bullish
• The overall altcoin market rose 20% in the last week
Possible Explanations
• Institutional positioning (DeFi Development Corp accumulated ~1M SOL)
• ETF inflows totaling $92.8M in two weeks
• Strategic rebalancing before an important resistance test
• Preparation for staking or liquidity provision.
