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08/20 21:29

SOL Whale Returns: Is This a Signal for the Nex

SOL Whale Returns: Is This a Signal for the Next Rally? A dormant Solana ($SOL) whale has returned after nearly two years, purchasing 47,535 SOL worth about $3.6 million, according to Lookonchain. The wallet, identified as GvHYQQ, previously accumulated 291,790 SOL during the 2023 market dips at an average price of around $23.37. It later sold 191,789 SOL at an average of approximately $128.36, reportedly locking in more than $20 million in profit. Now the same whale is buying the dip again. 🐋 According to the provided data, the wallet still holds roughly 100,000 SOL, meaning the latest purchase brings its position to around 147,535 SOL. 📈 Why it matters: A profitable whale returning to accumulate SOL could signal renewed confidence in Solana's long-term potential. ⚠️ But one whale's activity doesn't guarantee a rally. SOL remains highly volatile, and broader market conditions still matter. $SOL # Trending Token Price Prediction Challenge #HTX 13th-Anniversary Carnival #HTX Creation Challenge — Post and Win 1,500U
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