A prominent whale has sold a staggering 594,000 SOL, valued at $86 million, since the start of the year. This large-scale unloading has taken place across major exchanges like Coinbase, Binance, and OKX, with the whale averaging one sale per week. The most recent transaction occurred just yesterday, signaling continued selling pressure on Solana. A whale sold 594K $SOL($86M) this year! Since Jan 15, this whale has deposited 594K $SOL($86M) to #Coinbase, #Binance, and #OKX, averaging one sale per week. The last sale was 16 hours ago.https://t.co/v6mJegPKCa pic.twitter.com/5CU24VPvtt — Lookonchain (@lookonchain) August 13, 2024 Technical analysts are keeping a close
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