Solana Whale Buys 285,503 SOL in Recent Accumulation

A large investor has accumulated a significant amount of Solana (SOL) over the past three weeks, purchasing 285,503 tokens worth approximately $28.82 million on the Hyperliquid platform.

The purchase price currently sits at $103.07, with upper resistance at $106.95 and lower support at $101.51 according to technical analysis.

The 50-day exponential moving average (EMA) at $102.94 continues to act as a key level of support for the token, while the 200-EMA at $92.74 anchors the broader bullish trend in Solana's price.