SOL Whale: $22.43M Profit on 550K Token Long

SOL surged from the $70 zone to $121.66 inside six weeks, handing one early long whale $22.43 million in floating profit on a 550,000-token position opened at $80.8.

The same address continues scaling via TWAP, already holding 186,000 SOL at a $76 average while targeting another 314,000 tokens.

Price action on the 4h chart shows SOL inside the Bollinger Bands testing upper resistance at $125.21 while the EMA50 at $116.9 and EMA200 at $104.68 act as layered support; neutral RSI at 56.09 combined with the MACD death cross points to a measured retracement toward the 50-EMA before any extension higher, a setup that aligns with continued institutional accumulation visible in on-chain flows.