Whale: Resumes SOL Sales With $7M Kraken Deposit

Anonymous whale broke a nine-month silence and deposited 82,700 SOL ($7.02M) to Kraken in a single hour, reigniting selling pressure on the token.

Between May 2024 and August 2025 the same address offloaded 4.19M SOL for $757M at an average $181, locking in gains well above current levels near $84.

Price action on the four-hour chart shows SOL trading inside the Bollinger Bands with the lower support at $83.28 while the RSI at 27.25 signals oversold conditions and the MACD death cross at -1.77 confirms bearish momentum. The 50-EMA at $89.05 and 200-EMA at $87.58 now act as immediate resistance; any bounce is likely to stall there before another leg lower toward the band floor.