Altcoins News
By Sakamoto Nashi
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A recent move by a Solana whale has captured the attention of the crypto community, as the whale unstaked 120,197 SOL, worth approximately $17.55 million.
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Despite this, Solana has managed to maintain its position above the $143.5 support level, thanks to a rebound in Bitcoin’s price.
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While the whale’s unstaking and transfer of SOL to Binance suggest that the whale might be preparing to sell, it is important to remember that such large moves do not always…
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Looking at Solana’s recent price action, the cryptocurrency appears to be consolidating in a tight range between $143.
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Historically, the $120 support zone has been crucial for Solana, as it has consistently triggered price reversals during periods of market downturns.
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Overall, Solana’s price movement in the coming days will depend on several factors, including the broader cryptocurrency market sentiment and whether it can break above key…
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