💥💥𝐖𝐡𝐚𝐥𝐞𝐬 𝐒𝐡𝐨𝐰 𝐒𝐭𝐫𝐨𝐧𝐠 𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭 𝐢𝐧 𝐒𝐨𝐥𝐚𝐧𝐚 (𝐒𝐎𝐋) 𝐀𝐦𝐢𝐝 𝐑𝐢𝐬𝐢𝐧𝐠 𝐃𝐞𝐦𝐚𝐧𝐝 💥💥

Solana (SOL) has garnered significant attention from whale investors as demand surges, spurred by Bitcoin's recent momentum. Last week, heightened volatility in the cryptocurrency market—triggered by geopolitical developments such as Israel's reported actions against Iran—coincided with substantial SOL accumulation by high-profile investors. On-chain data reveals that these whales have acquired large volumes of SOL and transferred them to personal wallets for staking.

According to Lookonchain data, three major investors recently made notable SOL acquisitions, reflecting a strategic shift towards medium- and long-term holdings rather than short-term speculation. This move, particularly among whales previously engaged in high-risk transactions, marks a growing confidence in SOL as a solid investment.

First Whale: Over the past six days, this investor withdrew 153,511 SOL from Binance, valued at approximately $26.4 million. Most of these tokens were staked via Marinade Finance to obtain MSOL tokens.

Second Whale: Recently added 13,000 SOL to an existing position, bringing the total SOL holdings to 95,651, worth roughly $16.83 million.

Third Whale: Purchased 35,498 SOL from Binance and Kraken over three days, valued at about $6.12 million. These tokens were staked through the Jito Network to acquire JITOSOL tokens.

The increased activity among these whale investors has bolstered confidence among Solana’s wider investor base. As one of the better-performing altcoins, Solana is expected to draw more attention as the market enters the next bull cycle.

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