SOL: Whale Buys 234900 Tokens at $70.5

SOL climbed 2% in three hours after one whale deployed 16.55 million USDC to purchase 234900 tokens at a $70.5 average on-chain via OKX.

Price action now sits at $71.55, above the EMA50 support at $70.28 yet still beneath the EMA200 resistance at $75.15. The MACD golden cross at -0.21 confirms building bullish momentum while RSI at 55.33 remains neutral, leaving room for continuation. With price pressing the upper Bollinger Band at $73.9, any extension higher would likely meet volatility exhaustion before a measured pullback toward the $70.28 EMA50 confluence.