Solana Whale Resurfaces, Buys $3.6M Worth of SOL as Price Nears $90
A Solana whale has resurfaced after two years of inactivity, buying $3.6 million worth of SOL tokens at a low price of $75.
The whale's wallet on Binance had been dormant since 2024, but recently became active and began accumulating SOL tokens.
This move is seen as a sign of confidence in the Solana market's resilience, with traders watching closely for any further developments.
In the past, the whale has perfected its accumulation strategy by buying SOL at low prices during market dips, only to sell them at higher prices later on.