Solana Whale Buys $3.6 Million SOL: Should You Buy Too?

According to cryptocurrency analysis firm LookOnChain, a Solana (SOL) whale has purchased 47,535 SOL, valued at $3.6 million. The whale had previously perfectly timed the 2023 market dip, buying 291,790 SOL for $6.82 million. SOL’s price had begun to rally soon after the whale purchased the 2023 dip. Let’s discuss if we may see a similar pattern this time around.

Should You Follow The Whale’s Pattern And Buy Solana?

Solana (SOL) is one of the most resilient cryptocurrencies in the market. The asset dipped to below $10 after the FTX collapse of 2022. Many believed it was the end of SOL, but the asset has since made quite a remarkable comeback over the last few years. SOL hit its latest all-time high of $293.31 in January of last year. SOL’s price has fallen by more than 74% since its 2025 peak.

… Continue reading the full article at the original source below.