Solana Whale Activity May Signal Recovery After $169M in SOL Leaves Exchanges, Could Test $237 Resistance

• Whale accumulation: $169M of SOL removed from exchanges, signaling long-term holding.

• Technical rebound from $180 support with Stochastic RSI recovering from oversold conditions.

• Higher-timeframe cup-and-handle has a $285 neckline; a decisive break could target six-figure percentage gains toward $1,000+ over time.

Solana price recovery shows strength as whales withdraw $169M from exchanges — read Coinotag’s analysis of on-chain flows and technical targets. Stay informed.

Solana’s price shows resilience after recent market volatility, with whale activity signaling a potential recovery as $169M worth of SOL leaves exchanges.

By COINOTAG — Published: October 14, 2025. Updated: October 14, 2025.

How is the Solana price recovery unfolding after the recent market correction?

Solana price recovery has been driven by concentrated whale accumulation and a technical rebound from near $180 support, with on-chain exchange outflows totaling about $169M in SOL over recent days. These flows, combined with a recovering Stochastic RSI and a visible cup-and-handle pattern on higher timeframes, support a measured bullish outlook.

What role are whale withdrawals and on-chain flows playing in the recovery?

On-chain data shows a surge in large transfers off exchanges, with approximately $169 million worth of SOL withdrawn in the latest window. Exchange outflows often indicate holders moving assets to private wallets for long-term storage, which historically correlates with lower circulating supply and price appreciation pressure. Plain-text sources consulted include Nansen, Glassnode, and Coinotag on-chain analytics. A Coinotag market analyst noted, “Sustained outflows at this scale typically reflect accumulation by larger holders and reduce immediate sell-side liquidity.” These moves do not guarantee price increases but materially shift the supply dynamics that traders watch closely.

Technical factors add context. Solana rebounded from a key ascending trendline that originated in July lows and found support near $180. The Stochastic RSI recovered from oversold levels, suggesting buyers have regained short-term momentum and increasing the probability of an advance above the $200 psychological mark. The next meaningful horizontal resistance is $237 — a level that capped rallies in recent months. A confirmed daily close above $237 would be an initial technical validation of the current recovery.

How reliable is the cup-and-handle pattern for projecting Solana’s long-term targets?

A larger cup-and-handle formation visible on weekly charts has a neckline near $285. If price breaks and sustains above $285 with volume confirmation, classical technical analysis projects a measured move that could reach substantially higher targets; some models reference potential extensions toward $1,000+ over an extended timeframe. This projection relies on continuation of accumulation, reduced exchange supply, and broader market stability. Analysts referenced plain-text data from Nansen, Glassnode and Coinotag for volume and flow confirmation and emphasize that such patterns require confirmation rather than anticipation.

Frequently Asked Questions

How much SOL was withdrawn by whales and why does it matter?

Approximately $169 million worth of SOL was withdrawn from exchanges in the recent period. Large withdrawals matter because they can indicate long-term holding intentions by institutional or large retail holders, which reduces immediate sell-side liquidity and can support higher price floors over time.

Is Solana likely to break $237 or $285 soon?

Short-term, Solana is testing momentum after a bounce from $180 and a recovering Stochastic RSI. A break above $237 would be the first technical milestone; $285 is a stronger neckline level on higher timeframes and requires confirmation with volume and continued on-chain accumulation to be considered a validated breakout.

Key Takeaways

• Whale accumulation: $169M of SOL left exchanges, signaling increased long-term holding interest.
• Technical setup: Stochastic RSI recovery and rebound from $180 support highlight short-term bullish momentum; $237 is the near-term resistance.
• Higher-timeframe potential: A confirmed break above the $285 neckline could enable a larger move—monitor volume, exchange flows, and macro conditions.

Conclusion

The Solana price recovery combines concrete on-chain signals—notably $169M in exchange outflows—with improving technical indicators, positioning SOL for a potential step-up if buyers sustain momentum above $237 and ultimately the $285 neckline. Coinotag’s analysis, referencing Nansen and Glassnode data in plain text, frames the current move as accumulation-led and technically constructive; traders and investors should watch exchange flows, Stochastic RSI readings, and volume for confirmation before assuming a long-term breakout. Stay updated with Coinotag for ongoing coverage and follow-up analysis.

Author: COINOTAG

Sources (plain text): Nansen, Glassnode, Coinotag on-chain analytics, exchange flow data.