" has poured $86 million into SOL in aggressive sales since the beginning of the year.
" has poured $86 million into SOL in aggressive sales since the beginning of the year.
Whale's identity remains unclear, but his persistent liquidation of #Solana has left market participants puzzled. Cryptocurrencies have been plagued by volatility in recent months, and Whale's actions have fueled speculation about broader market trends.
Whale's move comes shortly after Brazil's securities regulator Comissão de Valores Mobiliários (CVM) approved the launch of the Solana spot exchange-traded fund (ETF), the first of its kind in the country.
#ETF , launched by QR Asset and managed by Vortx, is still awaiting final approval from Brazil's B3 stock exchange. QR Asset's managing director and chief investment officer Teodoro Fleury said the ETF
"offers Brazilian investors quality and diversity in He said it confirms the
"commitment
.
Earlier this month, cryptocurrency whales reportedly set limit orders to buy various #altcoins besides #bitcoin and #MarketDownturn ,
"preparing for the next altcoin rally
". The volume of limit orders to buy these coins has increased, indicating "the creation of a powerful wall of purchases / / .
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