Just recently, by using iCryptoAI Market Insights, we have discovered that Smart Money are buying $SOL right under our noses. After which, we have done some investigation into the On-chain Activities and found out some incredible insights. 1. Smart Money bought huge amount of SOL 2. Whales are buying SOL Let's have a look 👇
Overall, we need to consider the current situation of SOL. We can use DefiLlama to check the TVL (Total Value Locked) and Trading Volume.
And just in March, both metrics have skyrocketed significantly, leaving trails of hints on the rise of this chain.
Next up, we'll be looking at the actions of the big traders to see what they are doing. 1. Smart Money: Smart Money Traders are strongly buying SOL today. By using iCryptoAI bot, we can visually see that the amount of tokens that they are holding is rising unusually. To be more specific, in the past 24 hours, they have bought 6.6K ($995.07K), which is 24.51% higher than their previous holdings.
2. Whales:
In terms of Whales, from the reports of iCrypto AI, we can see that both the top 50 holders and the majority of Whales have increased their holdings of SOL.
- In terms of Top Holders, in the past 24 hours, they have bought 9.7K (+$1.47M). - And the Whales have bought 4.18K (+$633.42K).
From the data above, we can see that both of these wallet labels have shown significant interest in the growth of SOL.
Here are some wallet addresses that you can set alerts directly on iCrypto AI bot to receive timely notifications on their actions:
Overall, the market is showing strong Bullish sentiment for SOL. By analyzing On-chain data, you too can do these types of researches on $GALA or $MEME !
Just remember to be safe in the market where new players are entering. Stay strong, stay Bullish.
#HotTrends #GALA #BTC #Aevo #Meme
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