Whale restructure their wallet, raking in $89 million in profits from $SOL
On chain data records a simultaneous sell off wave as big stakers and traders move massive SOL amounts to exchanges to realize profits
š¹ Two giant stake accounts transferred over 645,000 $SOL worth $89 million showing strong capital withdrawal moves by long term investors after hitting expectation
šø Not just stakers but veteran trader wallet 87rJZ also took advantage of the rise to $144 to sell 41,000 SOL cashing out nearly $6 million
šø When large wallets sell into strength it is often a sign of top distribution and if demand is not strong enough a deep correction is inevitable
Do you choose to take profit with whales or continue holding for higher prices?
This article is for reference only, this is not investment advice. Please read and consider carefully before making a decision.