Whales, Memecoins, and SOL: The Crypto Circus Continues!

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  • Sleepy whales woke up, bought SOL, and staked it like it’s their retirement plan. 🐋💰
  • If SOL drops below $199, it might just be a sign that even whales get tired of holding bags. 📉

In a plot twist no one saw coming, dormant whales have resurfaced to hoard Solana [SOL], probably because they heard memecoins are the new gold. One particularly “smart” whale withdrew 61,319 SOL worth $12.4M from Binance and OKX at $202.53 per SOL. This whale, who apparently has a knack for timing the market, made $8.47M in profits with a 38.9% return and a 100% win rate. 🏆

Another whale, “GJwCU,” decided to join the party after a year-long nap, pulling out 30,901 SOL worth $6.24M from Binance. This whale made a cool $8.15M with a 21.9% gain from a single trade. Not bad for a year’s work, huh? 🐳💸

A new wallet also joined the whale parade, withdrawing 30,900 SOL worth $6.27M from Binance for staking. It seems these whales are determined to keep SOL above $200, probably because they’ve got too much riding on it. 🎢

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All this whale activity is like a neon sign flashing “bullish sentiment,” which could drive SOL’s price up. Or, you know, it could just be whales playing with their food. 🐋🎯

Price action and prediction

Solana’s price action has been as volatile as a caffeinated squirrel, making it a favorite among traders. The $190 zone has been a strong support level, thanks to Open Interest (OI) accumulation. The $200 level, once a tough resistance, is now acting as a support level, with SOL hovering just above it. 🐿️💹

With OI volumes peaking around $40M, holding above $200 could send SOL soaring. But if it dips below, we might see a retest of $190. The RSI at 43.77 suggests a slight bearish trend, while the OBV at 69.05M shows sustained interest. Traders, beware of fakeouts—whales love a good prank. 🎭

If SOL fails to hold above $199, it could signal weakening momentum, possibly leading to lower prices. Or, you know, it could just be whales taking a coffee break. ☕

Solana’s AI tokens making a comeback?

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Whales are also making waves in Solana’s AI tokens, arc (ARC), and ai16z (AI16Z). One whale, “8u6u3,” spent $3.86M on ARC and $3.56M on ai16z tokens after withdrawing 38,139 SOL from Coinbase. This move sent ARC up by 81% and ai16z by 35%, proving that whales can move markets with a flick of their tails. 🐋💥

This surge could signal a revival in interest for Solana’s AI tokens. Or it could just be whales having a bit of fun. Either way, traders and investors should keep an eye on whether this momentum sustains or if it’s just a flash in the pan. 🕵️‍♂️

Read Solana’s [SOL] Price Prediction 2025–2026

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2025-02-11 18:51