Lookonchain: Whales Dump 482K SOL Worth $49M

Lookonchain flagged three wallets that shifted 482,228 SOL ($49.17M) in three days, with 171,430 SOL ($17.3M) already hitting exchanges for sale.

SOL trades at $100.63 beneath the EMA50 at $103.28 and EMA200 at $107.18, locking in the bearish structure on the 4h chart. The MACD golden cross at -0.81 offers a modest bullish signal while RSI at 41.04 stays neutral, and price remains inside the Bollinger bands with upper resistance at $103.15 and lower support at $99.83; this setup points to a likely test of the lower band before any attempt to reclaim the EMA50.