A whale address bought 50,000 SOL 7 hours ago at the dip.

BlockBeats News, February 27th, according to LookIntoChain monitoring, a whale address bought the dip 7 hours ago, acquiring 50,000 SOL tokens (approximately $6.77 million).

Reportedly, from November 20, 2024, to January 21, 2025, this whale sold 122,921 SOL tokens at an average price of $230 (approximately $28.23 million), and now they have started to buy back SOL at a lower price.

Source

Correction/Report

RelatedRecommended

VanEck: Why did we apply for the SOL ETF?

SOL may reach $3,211 per coin in 2030

Opinion: Why is a SOL ETF so Hard to Come By?

Given SOL's current market cap and circulation, it's probably going to be tough for these institutions to make money.

From Leading to Lagging: Why SOL Struggles to Keep Up with ETH's Momentum

The True Reasons for SOL Lagging Behind ETH: Treasury Strategy, ETF, and Narrative Gap

What's the Background of the 18 SOL Treasury Companies?

18 companies have participated in the Solana ecosystem by establishing a Solana Treasury, staking SOL tokens, launching Solana-based financial strategies, among other means. Some companies have seen a significant increase in their stock price through these strategies.

SOL Truth: 0.33% of Wallets Control 54% of Tokens, Lockup and Staking Mysteries Unresolved

Where Do SOL Whales Hide?

On-Chain Activity