{"id":9371,"date":"2025-06-13T17:02:30","date_gmt":"2025-06-13T16:02:30","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=9371"},"modified":"2025-06-13T17:02:33","modified_gmt":"2025-06-13T16:02:33","slug":"whales-accumulate-solana-time-to-buy","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/whales-accumulate-solana-time-to-buy\/","title":{"rendered":"Whales Are Accumulating Solana Again : Is Now the Perfect Time to Buy ?"},"content":{"rendered":"\n

Institutional Appetite and Mixed Technical Signals<\/h2>\n\n\n\n

Despite a 10.17%<\/strong> drop in its price in 24 hours<\/strong>, Solana (SOL)<\/a> has seen intense activity lately. Over 2 million SOL<\/strong>, worth over $323 million<\/strong>, have been transferred between unknown wallets, sparking various speculations about the intentions of key players.<\/p>\n\n\n

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Source: TradingView<\/figcaption><\/figure>\n<\/div>\n\n\n

On one hand, DeFi Development Corp<\/strong> (DFDV) secured a $5 billion<\/strong> line of credit to exclusively purchase SOL, reinforcing institutional appetite for cryptocurrency<\/a>. On the other hand, traders remain cautious, with a decrease in open interest on derivatives.<\/p>\n\n\n\n

The outflow from exchanges<\/a>, totaling $394.75 million<\/strong>, exceeded the inflow of $359.55 million, fueling debates about investors’ intentions: accumulation in cold wallets or tactical exits.<\/p>\n\n\n\n

Simultaneously, the technical signals<\/a><\/strong> appear favorable, with the emergence of a bullish “cup and handle” pattern. However, the 13.14%<\/strong> decrease in open interest for futures contracts indicates traders shifting towards short-term speculation.<\/p>\n\n\n\n

Between Caution and Upside Potential for Solana<\/h2>\n\n\n\n

While the positive signals of accumulation on the blockchain and bullish technical patterns<\/strong> are promising, traders are still hesitant to fully commit. This adds an extra layer of caution<\/strong> to the short-term analysis of Solana.<\/p>\n\n\n\n

Maintaining support at $141<\/strong> will be crucial to confirm the upside potential, with targets at $152<\/strong>, $159<\/strong>, and $183<\/strong> based on Fibonacci levels. However, a breakdown below this level would expose Solana to further losses.<\/p>\n\n\n\n

In conclusion, Solana presents contradictory signals<\/strong>, with strong institutional appetite and favorable technical outlook on one side, and long-term investor caution on the other. Investors will need to closely monitor the movements of whales and economic indicators<\/strong> to make informed decisions.<\/p>\n\n\n\n

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Buy Solana (SOL) on Bitget !<\/a><\/div>\n<\/div>\n\n\n\n

More on this topic :<\/strong><\/p>\n\n\n\n