$18.5M Whale Rotation From SOL to ETH: 99,979 SOL Sold at $185 and 4,532 ETH Bought at $4,084, On-chain Data | Flash News Detail | Blockchain.News
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10/26/2025 2:24:00 PM

$18.5M Whale Rotation From SOL to ETH: 99,979 SOL Sold at $185 and 4,532 ETH Bought at $4,084, On-chain Data

$18.5M Whale Rotation From SOL to ETH: 99,979 SOL Sold at $185 and 4,532 ETH Bought at $4,084, On-chain Data

According to @lookonchain, a whale sold 99,979 SOL for $18.5M at $185 about a week ago, bridged the proceeds to Ethereum, and then bought 4,532 ETH for $18.5M at $4,084, based on on-chain data shared on X (source: @lookonchain). @lookonchain cited Arkham Intelligence explorer pages for addresses 0x944c5476Cdd534D2D56bcf41F101CED9217B4Afe and 0x489DEFEF6d8EA607a52249E0a345476f54090F74, which display the related transfers and swaps on intel.arkm.com, supporting the reported rotation (source: @lookonchain and Arkham Intelligence).

Source

Analysis

In the dynamic world of cryptocurrency trading, significant whale movements often signal broader market shifts, and a recent transaction has caught the attention of traders worldwide. According to Lookonchain, a prominent blockchain analytics provider, a major investor executed a notable rotation from Solana (SOL) to Ethereum (ETH) just a week ago. This whale sold 99,979 SOL tokens, valued at approximately $18.5 million, at a price of $185 per SOL. The funds were then bridged to the Ethereum network, where the investor purchased 4,532 ETH tokens for the same $18.5 million at $4,084 per ETH. This move, timestamped around October 26, 2025, highlights a strategic pivot that could influence trading strategies for both SOL and ETH pairs.

Analyzing the Whale's Rotation: SOL to ETH Trading Insights

Diving deeper into this transaction, the whale's decision to sell SOL and buy ETH comes at a time when Ethereum has been showing resilience amid market volatility. The sale of SOL at $185 represents a calculated exit, potentially locking in gains from Solana's recent rallies. Solana has been a high-performer in the altcoin space, with its fast transaction speeds and growing DeFi ecosystem driving adoption. However, by bridging to Ethereum and acquiring ETH at $4,084, the whale appears to be betting on Ethereum's long-term fundamentals, such as its upcoming upgrades and dominance in smart contracts. Traders should note the exact timestamps: the SOL sale occurred a week prior to the report, with the ETH purchase following shortly after the bridge. This rotation could indicate a shift in sentiment, where investors are rotating capital from high-risk altcoins like SOL to more established assets like ETH during uncertain periods. For those monitoring trading volumes, this single transaction added notable liquidity to the ETH market, potentially supporting price stability around the $4,000 level. Key trading pairs to watch include ETH/USDT and SOL/USDT on major exchanges, where volume spikes often follow such whale activities.

Market Implications and Price Movement Correlations

From a trading perspective, this whale's move underscores potential correlations between SOL and ETH price actions. Historically, when large holders rotate funds, it can create ripple effects across the crypto market. For instance, if more whales follow suit, SOL might face downward pressure, testing support levels around $170-$180, while ETH could see upward momentum pushing towards resistance at $4,200. On-chain metrics support this analysis; Ethereum's network activity, including transaction volumes and active addresses, has been on the rise, contrasting with Solana's occasional network congestion issues. Traders looking for opportunities might consider long positions on ETH against SOL in cross-pair trades, especially if ETH breaks above $4,100 with increased volume. Institutional flows are also a factor here—Ethereum's ETF approvals have attracted traditional finance, potentially explaining the whale's confidence. Without real-time data, we can reference the transaction's context: at the time of purchase, ETH was trading at $4,084, showing a 24-hour stability that might encourage similar rotations. Broader market indicators, such as the ETH/BTC ratio, could provide further clues; a strengthening ratio might validate this whale's strategy, offering traders a hedge against Bitcoin dominance.

Exploring trading strategies inspired by this event, savvy investors might employ technical analysis to capitalize on these shifts. For ETH, key support lies at $3,900, with resistance at $4,300—levels that have held firm in recent sessions. SOL, on the other hand, shows volatility with potential for quick rebounds if meme coin activity on its network surges. Volume analysis is crucial: the whale's $18.5 million injection into ETH could correlate with spikes in trading volume on platforms like Binance or Coinbase, where ETH pairs often see over $10 billion in daily turnover. Risk management is essential; traders should set stop-losses below recent lows to mitigate downside risks. This rotation also ties into AI-driven trading bots, which increasingly monitor whale wallets for signals—tools like those from Arkham Intelligence, as referenced in the original report, allow real-time tracking of such addresses. For stock market correlations, this crypto move might influence tech stocks like those in blockchain firms, creating cross-market opportunities for diversified portfolios. Overall, this whale's action serves as a reminder of the interconnectedness of crypto assets, urging traders to stay vigilant on on-chain data and market sentiment for informed decisions.

In conclusion, while this single whale transaction doesn't dictate the entire market, it provides valuable insights into rotational strategies amid evolving crypto dynamics. By focusing on concrete data like the $185 SOL sell price and $4,084 ETH buy-in, traders can build robust analyses. Whether you're scalping short-term fluctuations or holding for long-term gains, understanding these movements enhances trading acumen. Keep an eye on upcoming Ethereum developments, as they could amplify the impact of such rotations, potentially driving ETH towards new highs while SOL navigates its competitive landscape.

Lookonchain

@lookonchain

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