Solana

Date: Sat, Sept 14, 2024, 10:56 AM GMTThe cryptocurrency market has seen a wave of bullish momentum this week, especially in <a href="https://coinsprobe.com/bittensor-tao-marks-significant-gains-trader-highlight-bullish-2025-outlook/" rel="noopener noreferrer nofollow">altcoins</a>, fueled by Bitcoin&#39;s (BTC) impressive 10.45% jump over the last seven days. This surge has had a ripple effect on other major cryptocurrencies, including Solana (SOL), which has climbed by 7.72% during the same period and is now trading at $137.14.Historically, the fourth quarter tends to be a strong period for the crypto market, and it seems that whales are gearing up for another potential rally. According to on-chain tracking service <a href="https://x.com/lookonchain/status/1834888282876129443" rel="noopener noreferrer nofollow">Lookonchain</a>, a crypto whale made a significant move by purchasing an additional 10,000 SOL, worth approximately $1.37 million, and staking it just 11 hours ago.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/62c2dc777e5949a8b2e2c418e0ad4fce.jpeg" />Source: Lookonchain <a href="https://t.co/1YCSgze4nv" rel="noopener noreferrer nofollow">(Solscan)</a>In total, this whale has been busy accumulating SOL over the past month, staking a total of 50,000 SOL, valued at $6.85 million. From this massive stake, the whale has already generated 174 SOL in rewards, which is worth about $23,700.Earlier today, Lookonchain <a href="https://x.com/lookonchain/status/1834830612181725463" rel="noopener noreferrer nofollow">reported </a>that after Bitcoin&#39;s price surged past $60,000, the another whale purchased another 1,062 BTC, worth a staggering $63.96 million. The whale&#39;s BTC holdings now stand at 10,043 BTC, worth over $603 million.These big buys and stakes suggest that crypto whales are positioning themselves for further gains, signaling growing confidence in the market as we move deeper into Q4.Disclaimer: Cryptocurrency investments carry a high level of risk. Always conduct your own research before investing.Related Article: <a href="https://coinsprobe.com/kaspa-gains-momentum-with-krc-20-mainnet-launch-around-the-corner/" rel="noopener noreferrer nofollow">Kaspa Gains Momentum with KRC-20 Mainnet Launch Around the Corner</a>

Huge SOLANA Buy: Whale Stacks Up Another 10,000 $SOL, Bringing Staked Total to 50,000

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