$SOL Solana whales are accumulating SOL tokens, with recent large-scale purchases indicating strong confidence in the cryptocurrency's potential. In the past 24 hours, whales have withdrawn approximately $169 million worth of SOL from exchanges, signaling accumulation behavior.¹
*Recent Whale Activity:*
- A whale wallet withdrew 100,010 SOL (worth $22.46 million) from Binance 16 hours ago.
- Another whale wallet withdrew 46,103 SOL (worth $10.81 million) from Binance in the past 18 hours.²
- Two whale wallets accumulated 622.49 million PUMP tokens (worth $3.48 million) on the Solana blockchain.³
*Market Impact:*
- Solana's price has seen a significant increase, driven by whale accumulation.
- The cryptocurrency's total value locked (TVL) has surged by almost 6% over the last day to stand at $12.2 billion.⁴
*Analysis:*
- Whale accumulation is often seen as a bullish sign, indicating confidence in Solana's future.
- The recent price increase and growing institutional interest suggest a positive outlook for Solana.#BinanceBlockchainWeek #BTC86kJPShock #BinanceHODLerYB #BTCVSGOLD
