Solana

Bitcoin ETF

when

In this bullish market, a crypto whale made a profit of a massive $37.8 million from Solana (SOL) as its price hit the $165 level. Currently, the overall market, as well as investor sentiment, is bullish, meanwhile, some crypto whales are booking their profits, whereas some are still accumulating cryptocurrencies which are yet to pump.&nbsp; Crypto Whale made $37.8 million of profit from Solana 
According to a recent post by an on-chain analytics firm Lookonchain on X (previously Twitter), a smart crypto whale deposited a massive 534,039 SOL tokens to the world’s largest cryptocurrency exchange, Binance. This massive SOL token was deposited at the time when Solana’s SOL was trading around the $165 level. However, this crypto whale withdrew a massive 879,441 SOL tokens worth around $67.92 million when Solana’s SOL was trading near $77 on Binance.
A smart whale deposited 534,039
Following the approval of a spot Bitcoin ETF (Exchange Traded Fund) in the United States in January 2024, overall cryptocurrencies along with Solana’s SOL have experienced upside momentum. However, on the early morning of March 14, 2024, when SOL was trading near the $165 level, this crypto deposited a huge 711,238 SOL tokens worth around $106.7 million from their holdings to Binance with an average price of $150.
During all this, this trader made a massive profit of over $38.7 million. Currently, Solana’s SOL is trading near $169, and in the last 24 hours, it experienced a massive price surge of over 10%. If we look at the <a href="https://news.todayq.com/big-solana-pump-coming-in-pantera-play-250m-sol-buy-plan/" rel="noopener noreferrer nofollow">performance of SOL</a> over a longer period, in the last 7 days Solana’s SOL has gained a price surge of over 22%. Whereas, in the last 30 days, the SOL holders have gained a massive price surge of over 50%.&nbsp; Solana’s technical analysis and key levels 
According to expert technical analysis, Solana’s SOL is bullish, and currently, there is no hurdle till $200. It is expected that if this bullish sentiment continues then in the coming days we may see SOL reach the $200 level as the major resistance lies at that point. Whereas, it is also expected that SOL before the upcoming halving may hit its all-time high.&nbsp;
Besides Solana’s impressive performance, top cryptocurrencies like Bitcoin, Ethereum, Binance Coin, and many others are also experiencing a massive price surge. As the world’s biggest cryptocurrency, Bitcoin is trading at its all-time high, other cryptocurrencies including Ethereum, Binance coin and others are also on their way to all-time highs.
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Crypto whale made $37.8 mln profit as SOL surge to $169

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