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

SOL

SOL/USDT

$62.53

-3.73%

$62.53

-3.73%

(24s)

24h Volume

$2,745,878,223.81

24h H/L

$65.77 / $62.34

Change: $3.43 (5.50%)

Long/Short

80.3%

Long: 80.3%Short: 19.7%

Funding Rate

-0.0054%

Shorts pay

Data provided by COINOTAG DATALive data

Solana

Daily

$62.87

▼ -3.23%

Volume (24h): -

Resistance Levels

Resistance 3$74.769

Resistance 2$68.366

Resistance 1$63.65

Price$62.87

Support 1$60.155

Support 2$49.7178

Support 3$44.2821

Pivot (PP):$63.66

Trend:Downtrend

RSI (14):24.7

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.