Crypto
Solana Whale Buys $28.8M as Price Eyes Crucial $100 Test
Solana's price is holding above the $100 area after a whale accumulation of 285,503 SOL worth approximately $28.82 million over the past three weeks.
The buying activity is notable, but the chart still has a few levels to settle before the bullish case gets comfortable.
The Solana token has been rising since the mid-August golden cross between the 200-day and 50-day EMA bands, and now it's struggling to sustain the rally above $100 during September.