Don't miss SOL after missing Bitcoin and Ethereum! Institutions have clearly shown $125 million, a pullback to $200 is the last chance to get on board!
Last night, the most exciting drama in the crypto world was none other than SOL! This asset violently surged from $185 to above $200, how many people thought it was just following ETH? Wrong! Behind it lies a $125 million blockbuster operation, after the market maker washed out the weak hands, they are holding back a big move!
Why is this surge in SOL not simple?
On August 25th, the financial backer behind SOL—DeFi Development Corp suddenly announced the completion of a $125 million fundraising! What is this money for? Two clear paths: one is to buy up spot SOL wildly, and the other is to lock up SOL at a discount!
More crucially, this fund is set to enter the market this Thursday! The market maker smashed SOL down to $185 two days in advance (on the 25th), and their intention couldn't be clearer—wash out retail investors and accumulate at low prices! Last night's violent surge was just the first shot after the market maker had their fill!