🚨 Whale Alert: 154,912 #SOL ($23.9M) transferred to #Binance! 🚨
A significant Solana transfer was just made to Binance, sparking market interest. Large crypto holders, or whales, often move assets to exchanges like Binance when they intend to sell or trade. This massive transfer is drawing attention as it coincides with a 3.24% drop in Solana's price over the past 24 hours.
🔍 **Why does this matter?**
Solana has been a top performer recently, rallying from lows of $109.99 on Aug. 5 to highs near $165. But this whale move suggests possible profit-taking after the recent surge. If SOL holds above its 50-day SMA at $153, it could test resistance at $189. However, a dip below key moving averages could signal more downside, possibly targeting $116.
📊 Keep a close eye on Solana's price action and further whale movements—this could set the stage for the next big move!
#CryptoNews🚀🔥 #Solana #solanAnalysis #CryptoTradingTip #whalealert