{"id":133783,"date":"2024-07-23T16:00:39","date_gmt":"2024-07-23T13:00:39","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=133783"},"modified":"2024-07-23T13:29:57","modified_gmt":"2024-07-23T10:29:57","slug":"solana-whales-move-sol-worth-55-million-will-there-be-a-price-drop","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/solana-whales-move-sol-worth-55-million-will-there-be-a-price-drop\/","title":{"rendered":"Solana Whales Move SOL Worth $55 million &#8211; Will There be a Price Drop?"},"content":{"rendered":"<p>Whale Alert reported that one of the whales has <strong><a href=\"https:\/\/x.com\/whale_alert\/status\/1815282706747429295?ref_src=twsrc%5Etfw\" rel=\"nofollow\">transferred<\/a><\/strong> 196,068 <a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/solana\/\"><strong>SOL<\/strong><\/a>, worth about $35.16 million, to Binance.<\/p>\n<p>While it\u2019s unclear whether the whale sold the tokens or simply transferred the funds to Binance, such transfers often indicate an impending sale, suggesting it could be a profit-taking move.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-133770\" href=\"\" title=\"\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\"><\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>Whale Alert reported one more large transfer that was made at 03:00 (BST) last night. In this <strong><a href=\"https:\/\/x.com\/whale_alert\/status\/1815535907149058403?ref_src=twsrc%5Etfw\" rel=\"nofollow\">transaction<\/a><\/strong>, the large holder moved 124.819 SOL for a total value of $22.35 million.<\/p>\n<p>This significant transfer could potentially put downward pressure on the price of the cryptocurrency. Historically, large sales can lead to short-term price declines, though this impact may be temporary.<\/p>\n<p>However, the SOL price has shown remarkable resilience on more than one occasion. Over the past month SOL has posted a significant gain of 31%, reflecting continued bullish sentiment.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Significant movements of Solana (SOL) tokens have caught the attention of the crypto community. Although the price of SOL has been bullish lately, it seems that large holders (whales) are taking profits.<\/p>\n","protected":false},"author":7,"featured_media":107099,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[426,108,248],"coin_category":[],"class_list":["post-133783","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","tag-binance","tag-price","tag-whales"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Solana Whales Move SOL Worth $55 million - Will There be a Price Drop?<\/title>\n<meta name=\"description\" content=\"Significant movements of Solana (SOL) tokens have caught the attention of the crypto community. 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