Solana whale accumulate 7500 tokens worth $1.57 million over the past 24 hours. In the meantime, SOL surged by 27.05% over the past week.
Solana whales are actively accumulating, with one whale scooping up $54 million worth of SOL since the 22nd of October.experienced a strong upswing over the past month. Now, for the first time since April, the altcoin has surpassed the $200 mark.
The recent uptrend has caused a widespread discussion on what are factors driving it. And according to Lookonchain, one of the factors driving the recent upsurge is increased whale activity., whales were actively accumulating SOL. Notably, one whale accumulated a total of 257599 tokens worth $54 million since the 22nd of October.Impact on SOL’s charts?This was evidenced by the fact that Solana’s Relative vigor Index line was above its signal line.
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