Solana (SOL) Shows Potential Signs of Reversal Amid Whale Unstaking and Buyer Interest
The post Solana (SOL) Shows Potential Signs of Reversal Amid Whale Unstaking and Buyer Interest appeared on BitcoinEthereumNews.com.
Solana (SOL) is showing signs of a potential market reversal as a major whale unstaked and moved significant holdings, signaling shifting sentiment among long-term investors. Despite recent selling pressure and a dip to $141, SOL has demonstrated resilience with buyers stepping in, suggesting possible support around current levels. According to Onchain Lens, a four-year staker recently unstaked over 125,000 SOL worth $17.64 million, highlighting growing impatience among large holders. Solana’s recent whale activity and positive netflows hint at a potential price rebound, with buyers absorbing selling pressure and technical indicators supporting a recovery. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); Major Solana Whale Unstakes Over 125k SOL, Indicating Market Frustration After maintaining a staking position for four years, a prominent Solana whale has begun liquidating a substantial portion of their holdings. The whale unstaked 25,008 SOL tokens valued at approximately $3.7 million and transferred 25,000 SOL to Binance, according to Onchain Lens data. Over the last two months, this entity has cumulatively unstaked 125,045 SOL, equating to $17.64 million. Despite this, the whale still retains 1.17 million SOL locked in staking contracts, valued at $174.17 million. This movement reflects a growing impatience among long-term holders amid Solana’s recent price stagnation within a descending channel. The altcoin’s decline from a local high of $187 to a low near $141 has likely contributed to this shift in sentiment. Large-scale selling…
Filed under: News - @ June 7, 2025 9:18 pm