SOL Whale Buys $2.45M SOL, Holdings Rise to $110M
On November 2, on-chain analyst Ai revealed that a SOL whale executed $2.45M in buy orders at $184 per coin, adding 23,871.83 SOL. The SOL whale’s total Solana holdings now exceed 600,840 SOL, valued around $110M. The trader also holds 39,000 ETH ($150M at $3,845.33), 1,070.02 BTC ($111M at $110,114), and 70,775.48 HYPE tokens ($2.98M at $41.48). Pending limit orders include 405,580.52 HYPE and 7,917.12 SOL, indicating continued accumulation. This on-chain activity suggests bullish sentiment, likely tightening SOL liquidity and bolstering price support. Crypto traders should watch these large buy orders for potential upward momentum in the Solana market.
Bullish
The whale’s significant SOL purchases at key price levels reduce available sell-side liquidity and establish a strong support base around $184. Such on-chain activity by a trader with a 100% win rate signals high confidence in Solana’s medium- to long-term outlook. In the short term, large buy orders can trigger a supply squeeze and minor price spikes as market depth thins. Over the longer term, consistent accumulation by a whale tends to attract momentum traders and institutional interest, reinforcing upward pressure on SOL.