According to Lookonchain, a major whale invested $5.86 million in Solana-based memecoins, including $WIF, Fartcoin, $POPCAT, $MEW, and $BONK, and is currently up $658,000. The whale allocated $1.49M to 1.48M WIF, $1.47M to 1.14M Fartcoin, $1.05M to 2.92M POPCAT, $946K to 381M MEW, and $898K to 67.44B BONK (Lookonchain, May 19, 2025). This concentrated buying activity signals strong bullish sentiment among large investors, potentially driving further price action in Solana memecoins and influencing broader crypto market volatility. Traders should monitor whale wallets and Solana-based memecoin liquidity for short-term trading opportunities and risk management.

According to Lookonchain, Bitcoin (BTC) has reclaimed the $100,000 price level while Ethereum (ETH) returned to $2,000, with a major whale holding long positions in both assets now sitting on over $2.8 million in unrealized profits (source: x.com/lookonchain). This significant price recovery highlights strong bullish sentiment and increasing institutional interest in the crypto market, which could attract new traders and drive further volatility in BTC and ETH trading pairs. The whale activity serves as a key indicator for traders to monitor potential large-scale moves and liquidity shifts in the current cycle (source: x.com/lookonchain).