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

SOL

SOL/USDT

$83.35

+0.68%

$83.35

+0.68%

(24s)

24h Volume

$1,629,887,570.10

24h H/L

$84.29 / $82.26

Change: $2.03 (2.47%)

Long/Short

77.5%

Long: 77.5%Short: 22.5%

Funding Rate

-0.0164%

Shorts pay

Data provided by COINOTAG DATALive data

Solana

Daily

$83.26

▲ 0.18%

Volume (24h): -

Resistance Levels

Resistance 3$98.5337

Resistance 2$87.5625

Resistance 1$83.2622

Price$83.26

Support 1$83.165

Support 2$78.3404

Support 3$67.50

Pivot (PP):$83.2667

Trend:Downtrend

RSI (14):41.8

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.