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Crypto

Solana Whales Fuel Price Bounce Amid Consolidation

Guavy AI Editorial Team
Instruments
HYPE SOL
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After dropping to $102 in May, Solana's price has been consolidating and trading sideways at around $105.

In recent weeks, high net worth investors have shown significant demand for Solana, with institutions like AMBCrypto reporting $138 million in net inflows into Solana Spot ETFs.

A whale even returned after an eight-month hiatus to buy 76,856 SOL worth $8 million from Hyperliquid, a trend that has seen whales accumulating during periods of upside stability.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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