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Massive Solana Whale Transfer Unfolds: Is a SOL Surge Incoming?

  • A SOL whale transferred 1,000,000 SOL worth over $155 million in a single transaction, leading to heightened interest in the Solana network.
  • The transfer caused a 27.86% increase in Solana's 24-hour trading volume, pushing it to $4.11 billion.
  • Following the transfer, SOL price surged by 3.81%, rising from $147.39 to $155.57 within a short period.
  • The launch of the first U.S.-listed Solana ETF, along with the whale transaction, added momentum to Solana's market recovery and increased institutional interest.

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