The post Whale Activity Signals Potential Volatility for $SOL as Major Players Reposition and Prepare for Potential Offloading appeared on BitcoinEthereumNews.com.

In the past few hours, the market for Solana ($SOL) has witnessed substantial activity from major investors, or whales, that might indicate a shift in investor sentiment and market dynamics. What’s particularly interesting is that a prominent whale recently went the route of purchasing a large amount of Solana and did so in what appears to be an attempt to buy at a price that’s lower than where the market is trading right now. Earlier today, approximately seven hours ago, this whale made a move and bought up 50,000 SOL, which is worth something on the order of $6.77 million. Some are buying, some are selling—that’s crypto for you.A whale bought 50,000 $SOL ($6.77M) at the bottom 7 hours ago. This same whale had previously sold 122,921 SOL ($28.23M) between Nov 20, 2024 – Jan 21, 2025, at an average price of $230. Now, buying back at a lower price. pic.twitter.com/lI8KFCS3GB — EyeOnChain 🔶 (@EyeOnChain) February 27, 2025 A Whale’s Strategic Re-Entry: Buying Back $SOL at a Lower Price The whale who made the recent $6.77 million purchase of 50,000 SOL at the current market low seems to be taking advantage of the market downturn. This is not their first big move within the Solana ecosystem, as the same whale had previously divested a significant amount of SOL between November 20, 2024 and January 21, 2025. During that period, they offloaded a total of 122,921 SOL, worth $28.23 million at the time, at an average price of $230 per token. Now, after the price of SOL has tanked, the same investor seems to be reeling us back in and buying at a price that is much more favorable. Such activity is often viewed as a harbinger of things to come in the market. When big players make moves like this,…

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Filed under: News - @ February 28, 2025 9:20 am