Whales frantically buy SOL at the bottom, SOL is ready to go
Recently, the crypto market has ushered in a strong east wind, and Solana is experiencing the enthusiastic pursuit of whales. This wave of holdings has not only activated the market vitality of SOL, but also indicates that its price may usher in a round of rebound that is ready to go.
According to Lookonchain's in-depth insights, the two giants in the crypto industry have quietly taken action and stepped into the SOL pledge market with firm steps. Among them, 9tuA8L deployed 30,000 SOL from Binance and completed the pledge layout in a short period of time. The transaction is estimated at the current market price, and the value is close to a huge amount of US$4.25 million.
Later, 7CsCGy also joined with 26,245 SOLs. Its pledge behavior also occurred just before 24 hours, involving an amount of about US$3.72 million. The total capital flow of nearly US$8 million from the two is converging into a powerful driving force to push the SOL price forward.
This move undoubtedly paints a hopeful picture for Solana's price trend. Although SOL has faced the test of market consolidation in the past, BTC's recent breakthrough has not only crossed the key psychological barrier of $61,000, but also brought long-lost warmth and confidence to the entire cryptocurrency market.
Against this background, Solana seems to be ready to go. Its 24-hour trading volume surged by 16.76% to $1.95 billion. This series of positive signals is undoubtedly a strong proof that SOL is about to usher in a breakthrough.
