Solana Whales Load Up on SOL Ahead of Crucial Resistance Test

Solana whales have been on an accumulation spree, purchasing over $41.5 million worth of SOL in targeted transactions across the past few days.

This type of coordinated accumulation is typically seen as a conviction signal from institutional or semi-institutional players anticipating a price revaluation.

The reduction in outflows toward centralized exchanges suggests that this SOL is not earmarked for immediate resale, but rather for strategic holding.

A break above the $110 resistance level would technically open the door toward the $125-$130 range, while a break below the $95-$98 support zone could invalidate the short-term bullish scenario.