A whale just sold 96,155 $SOL, netting $4.5 million. Normally, this wouldn’t be a big deal—but considering they bought in at an average of $100 a year ago and had the chance to sell at $250 not too long ago, it’s clear even the big players are feeling the pressure and selling at the lows.
Are we headed even lower? I don’t think so. As I mentioned earlier, we’re approaching a significant support zone around the $87k mark for BTC. Sure, we could dip as low as $71k—especially with Trump seemingly set on crashing the markets—but there’s still a glimmer of hope. Despite the occasional large dump, most whales and institutions are continuing to accumulate.
For instance, today alone they scooped up 8,000 BTC, 40,600 ETH, and made numerous smaller buys in altcoins.
What’s next? What do you think?