Solana Price Cools Off, But Whales Load Up for a Rebound?
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The post Solana Price Cools Off, But Whales Load Up for a Rebound? appeared first on Coinpedia Fintech News The Solana price isn’t exactly screaming strength right now. Volume bubble maps across both spot and futures markets show a clear cooling trend after what can only be described as overheating phases. And right now? Sell pressure is dominating. If you zoom out on the Solana price chart, the pattern since 2021 is pretty consistent. After every volume exhaustion phase, there’s a neutral reset. Accumulation begins quietly, marked by mild “heating” traces, before eventually sliding into another overheating cycle. That’s the rhythm. At the moment, we’re stuck in the green zone meaning bears haven’t stepped aside. The market still looks vulnerable, and price action suggests a potential solid demand area sitting around $48 to $50. Solana Price Faces Volume Reset Here’s the uncomfortable truth: stable footing won’t come until volume across both spot and futures resets to neutral. Historically, that neutral zone is where real accumulation builds. Right now, though, open interest has dropped sharply from $3.88 billion down to $2 billion. That’s not subtle. Leverage has been wiped out. Yet funding rates are recovering from the red zone toward the 0% line. Translation? Some futures traders are quietly reopening leveraged long positions even while the broader downtrend remains intact. The SOL/USD structure still leans weak, but derivatives positioning hints that at least a segment of the market believes the worst might be priced in. Whales Bet Against the Trend Now here’s where it gets interesting. Despite the bearish tape and heavily negative weighted sentiment at 0.798, certain large players are going the other way. One whale deposited $2 million in USDC and opened a 20× leveraged long position on Solana. That’s not defensive behavior but that seem’s like his conviction…
Filed under: News - @ February 23, 2026 9:23 pm