Solana whales buy $41.5M in SOL – Can price reclaim $110?

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A Solana whale returned after eight months of inactivity and bought 76,856 SOL worth $8 million from Hyperliquid. SOL is currently trading at $105, up 1.4% daily and 13% weekly, after oscillating between $102 and $110 amid a broader market slowdown. Whales continue accumulating with optimism as Solana Spot ETFs recorded $138 million in net inflows recently. Altcoin trading volume dropped 64% to $1.8 billion, with $471.85 million flowing out of the Futures market over the past 12 hours. Technical indicators remain bullish with ADX and Bull-Bear Ratio holding positive, which could allow SOL to target $110 again if buying pressure persists.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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