The whale sold 96,155 SOL, making 4.5 million. While that seems fine, the kicker is that they bought them at an average price of 100 a year ago and could have sold for 250 not too long ago. Even whales are starting to panic and sell at the lows.
So, are we headed even lower? Personally, I don't think so. As mentioned earlier, we are approaching a major support zone around 87k for BTC. Sure, we could dip to 71k—Trump is doing everything to crash the markets—but there's still hope. Whales and institutions are largely continuing to accumulate, even though occasional big players are dumping.
For instance, today they bought 8k BTC, 40.6k ETH, and made many smaller altcoin purchases. So, what's next? What do you think?
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