Crypto
Whale Withdraws $1.76M from Binance, Buys More SOL at $0.19
A whale investor has made a significant withdrawal from Binance, according to data from Lookonchain. On September 9th at 3:39 AM, this large investor withdrew 16,976 SOL (Solana) worth approximately $1.76 million from the exchange.
Following this withdrawal, the whale purchased 9.32M units of solana:6GmAFSYs4gk3FDao5FzzySQpPZaWsa4rUJHacpMpUNgx at an average price of $0.19 per unit.
The SOL price is currently trading inside the Bollinger Bands on the 4h chart, with upper resistance at $106.82 and lower support at $101.98. However, the MACD death cross keeps the price prediction cautious despite a neutral RSI at 50.0.