Solana: Whale Buys 76,856 SOL for $8M

Solana saw fresh whale accumulation as address 6ESYXA purchased 76,856 SOL ($8M) from Hyperliquid following eight months of inactivity.

Additional large outflows included 281,446 SOL ($29.68M) from Binance and 37,272 SOL ($3.87M) from Kraken, signaling continued institutional positioning.

On the 4h chart SOL trades at $105.16 inside the Bollinger Bands with upper resistance at $109.36 and lower support at $100.52. The EMA50 at $99.05 and EMA200 at $86.16 continue to act as layered long-term support while the MACD death cross at 1.73 warns of near-term momentum loss despite the neutral RSI reading of 59.9. Price action suggests a potential healthy retracement toward the 50-EMA before any sustained push higher.