đ Whale Moves $23.2 Million in SOL From Multiple Exchanges â Bullish Signal?
A crypto whale has withdrawn $23.2 million worth of Solana (SOL) from multiple exchanges, signaling a potential accumulation phase. Large withdrawals like this often indicate confidence in long-term price appreciation and a possible reduction in immediate sell pressure.
Key Takeaways:
A whale withdrew $23.2 million in SOL, suggesting a shift to long-term holding or DeFi staking.
Large outflows from exchanges often reduce selling pressure, which can be bullish.
SOL's price action may react positively if accumulation continues.
Whatâs Next for SOL?
If demand remains strong, SOL could see increased buying pressure. Key levels to watch:
Support: $110 â $115
Resistance: $125 â $130
Is this whale preparing for a major Solana rally, or is it just portfolio rebalancing? Keep an eye on the charts!
