Lookonchain: Trader Exits 31,862 SOL at $2.2M Loss

Lookonchain flagged wallet 9VQbih dumping its entire 31,862 SOL stack for $3.25 million, locking in a $2.2 million loss after holding since August 2025 when it acquired 30,002 SOL at $182 for $5.47 million and later collected 1,860 SOL in staking rewards.

Price action on the 4-hour chart shows SOL at $102.97 inside the Bollinger Bands with upper resistance at $107.49 and lower support at $101.78; the EMA50 at $100.25 continues to act as dynamic support while the EMA200 at $87.33 anchors the longer-term bullish structure, yet the MACD death cross at 0.66 and neutral RSI at 48.96 suggest any Solana price analysis must account for near-term volatility exhaustion before fresh continuation.