Solana Whale Buys 41,000 SOL Worth $5M as SOL Dips Below $120

SOL

SOL/USDT

$98.01

-4.38%

$98.01

-4.38%

(24s)

24h Volume

$6,098,403,826.29

24h H/L

$105.10 / $96.64

Change: $8.46 (8.75%)

Long/Short

84.4%

Long: 84.4%Short: 15.6%

Funding Rate

-0.0227%

Shorts pay

Data provided by COINOTAG DATALive data

Solana

Daily

$99.08

▲ 1.22%

Volume (24h): -

Resistance Levels

Resistance 3$119.0706

Resistance 2$108.2666

Resistance 1$100.11

Price$99.08

Support 1$96.0133

Support 2$66.5631

Support 3$51.2214

Pivot (PP):$98.64

Trend:Downtrend

RSI (14):28.8

COINOTAG News, on December 19, citing LookIntoChain monitoring, reports that a market SOL whale purchased 41,000 SOL, valued at about $5 million. The order arrives as Solana trades near the $120 handle and on-chain data show continued accumulation by large holders.

Approximately eight months earlier, the same whale acquired 24,528 SOL at an average price near $122 (roughly $3 million) and later exited at $175, realizing about $1.3 million in profit. With the SOL price dipping below $120 again, the holder re-entered the market for another purchase, underscoring ongoing demand from key wallets.