Solana ($SOL) Whale Accumulation Signals Potential Bottom Amid Declining On-Chain Activity
In an event that has the seasoned traders and crypto enthusiasts catching wind, Solana (SOL) seems to have emerged as a top performer in the crypto market. Just today, large-scale investors or "whales" have been seen accumulating Solana in large amounts. Believe it or not, the once 10th ranked cryptocurrency by market cap has jumped to 7th place. According to Copernicus, a YouTube channel that doesn't shy away from reveling in the latest rumors, Solana is about to announce something big and that is why it is accumulating fast. Whale Activity Shows Confidence in Solana The recent uptick in whale activity is important because these investors tend to have a big influence on how others feel about the market. Only two hours ago, a huge crypto player pulled a mind-blowing 54,544 $SOL (around $7.46 million worth) out of Binance, one […]
