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

SOL

SOL/USDT

$116.83

+0.99%

$116.83

+0.99%

(24s)

24h Volume

$5,251,831,909.52

24h H/L

$119.99 / $115.54

Change: $4.45 (3.85%)

Long/Short

67.2%

Long: 67.2%Short: 32.8%

Funding Rate

-0.0015%

Shorts pay

Data provided by COINOTAG DATALive data

Solana

Daily

$117.28

▼ -1.37%

Volume (24h): -

Resistance Levels

Resistance 3$134.73

Resistance 2$123.9207

Resistance 1$120.7085

Price$117.28

Support 1$116.5267

Support 2$110.01

Support 3$105.80

Pivot (PP):$116.5267

Trend:Uptrend

RSI (14):67.4

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.