Solana Whale: 3% Swing Trade Nets $513K Profit

Solana whale address DAWHnvWhhjZjRh5eLmZtMuBf3YB1rphy1NUKgGAcfG3d spent 16.555 million USDC to acquire 234900 SOL at a $70.5 average on June 20 before exiting at a $72.6 average early June 23 for a $513000 profit on the 3 percent swing.

Price action at $71.88 holds just above the EMA50 support of $71.61 while the EMA200 at $75.41 acts as overhead resistance. The MACD death cross at 0.43 and neutral RSI of 47.62 coincide with price inside the Bollinger band, where the upper resistance at $75.21 already capped momentum and points to a likely retracement toward the lower support at $70.06.