Solana Surges 9% Amid Whale Accumulation
- Solana’s value increased by 9%, reaching approximately $137.
- A major investor purchased 50,000 SOL, valued at nearly $7 million.
- An additional whale staked 41,096 SOL, worth $6.90 million.
- Open interest in Solana futures rose from $2.2 billion to $2.7 billion.
- The Relative Strength Index (RSI) is nearing the overbought zone at 68.
Significant whale activity has driven Solana’s price up by 9%, with major purchases and staking reducing supply and bolstering market interest. The RSI suggests potential for further movement as it approaches overbought levels.
Source (2.6)https://www.newsbtc.com/altcoin/solana-jumps-9-as-whales-quietly-accumulate-millions-details/?rand=52377
