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

SOL

SOL/USDT

$86.18

-3.48%

$86.18

-3.48%

(24s)

24h Volume

$2,862,948,400.22

24h H/L

$90.09 / $85.52

Change: $4.57 (5.34%)

Long/Short

76.0%

Long: 76.0%Short: 24.0%

Funding Rate

-0.0058%

Shorts pay

Data provided by COINOTAG DATALive data

Solana

Daily

$86.30

▼ -3.28%

Volume (24h): -

Resistance Levels

Resistance 3$94.8863

Resistance 2$90.998

Resistance 1$87.525

Price$86.30

Support 1$85.8744

Support 2$83.0608

Support 3$80.8133

Pivot (PP):$87.0867

Trend:Sideways

RSI (14):45.2

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.