Whale activity involving SOL has been on the rise, with a large holder withdrawing 206,111 SOL from Binance to stake $36 million.
The whale's portfolio is valued at approximately $29 million, consisting mainly of Marinade Staked SOL (mSOL), with 38,043 SOL staked.
Earlier whale acquisitions in September amounted to $4.52 million, with 207,000 SOL moved to self-custody and 115,135 SOL subsequently staked.
Technical analysis suggests a potential uptrend for Solana (SOL), with a bullish flag pattern indicating a further price increase and potential gains of 119.9% to 372.77%.