Major Solana (SOL) Whale Stuns Bybit with Multimillion Deposit
Main Idea
A Solana (SOL) whale deposited 39,875 SOL worth $8.19 million into Bybit, securing a $2.93 million profit, as SOL's price surpassed $200 for the first time in four months.
Key Points
1. A Solana whale moved 39,875 SOL ($8.19 million) into Bybit, locking in a profit of approximately $2.93 million.
2. The whale initially purchased the SOL for about $5.26 million five months ago at an average price of $132 per SOL.
3. SOL's price reached $203, marking a 55% increase in value since the whale's initial purchase.
4. The deposit coincided with SOL breaking past a key resistance level of $196, with the next technical target at $215-$220.
5. The broader crypto market has been experiencing new highs, contributing to SOL's recent price surge.
Description
$8.19 million Solana whale stuns Bybit just as SOL price breaks $200
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