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The Whale Holding Solana for 10 Dollars Despite Its Drop for Three Years Made a New Purchase! - Coin Bulletin
A giant investor who has not sold his Solana (SOL) assets for three years has made a million-dollar SOL purchase again after a six-month break.
According to the data shared by the on-chain analysis platform Lookonchain, an unnamed crypto whale purchased 32,000 Solana (SOL) for approximately 3.72 million dollars. This purchase drew attention as the investor's first major move after about six months.
The same wallet purchased 30,541 SOL at a level of 216 dollars three years ago. At that time, the total cost of this transaction was approximately 6.61 million dollars. What is noteworthy is that this investor did not sell even when the SOL price fell below 10 dollars. This situation clearly demonstrates the investor's long-term confidence in Solana.
Long-term belief
Despite the sharp declines of Solana in the past, this whale, which has preserved its assets, is now repositioning itself, indicating a serious bullish expectation for the future of SOL. This situation may signal that there are still buying opportunities at the bottom for some investors. The price of SOL is currently trading at approximately 113 dollars.