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Will Solana Uptrend Resume as Whale Withdraws 206,111 SOL from Binance to Stake $36M?

  • 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%.

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