$SOL whales make big moves! Can the price jump past the $209 mark?
Look! Solana whales are controlling 59% of the shares, which is a super bullish market signal! These whales hold more than $5 million worth of SOL, and their actions are enough to shake up the entire market!
Think about it, these big companies have a lot of vested interests in pushing Solana through resistance. At the same time, whales are also confident in Solana's potential, which may make the price soar like a rocket in the coming weeks!
Now, Solana's price is approaching a key resistance level, and the market trend is about to change. If whales continue to buy heavily, Solana may break through this resistance in one fell swoop, driving the entire market to rebound together! But if it fails to break through, it may have to consolidate first, or pull back a little.
However, while whales are active, retail investors seem to be a little cautious. Since the peak on September 20, Solana's social mentions have gradually decreased.
That said, compared to other cryptocurrencies, Solana's whales hold a larger proportion of the supply. This way, Solana can take advantage of any potential bull market. However, the decline in social mentions also tells us that some investors are still waiting.
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