Whales are buying up 32,000 SOL again, is Solana about to take off?

While the market is still hesitating, a Solana whale has made a move! They have bought 32,000 SOL in one go, worth over 3.72 million dollars. Such an operation is either based on faith or insider information!

This is not the first time this whale has acted; three years ago, they bought over 30,000 SOL at a high price of 216 dollars each. Even when SOL later dropped to 10 dollars, they did not cut their losses!

What kind of operation is this? Patience + belief + possibly having insider information. As one netizen said: "The key is not why they buy, but what they know that you don’t!"

Currently, SOL is approaching the resistance level of the trendline in its technical pattern, and once it breaks through, it may trigger a new round of violent rebounds.

Multiple favorable factors are gathering:

【Firedancer upgrade】is about to go live, with Solana's speed and throughput set to explode

【Exchange ETF applications】are in progress; if the US allows it, institutions may enter the market en masse

【On-chain stablecoin growth over 140%】The DeFi ecosystem is recovering【DEX trading volume growth】More and more people are using it, indicating a dual increase in practicality and activity

Although trading volume has temporarily decreased, this is exactly the calm period that the main players like. They are quietly buying while you are still observing.

Summary of opinions:

Main whale players continuously increasing their positions = strong signal

Technical breakout of the trendline imminent = short-term critical point

Multiple favorable factors brewing = the spark of a bull market is still present

Long-term bullish logic is clear; short-term pullbacks are buying opportunities, not points of panic

Personal opinion: The bottom of Solana has basically been solidified, and it is currently in a golden accumulation period before an explosion. Once it breaks 120 dollars, it may soar straight to 150 dollars!