Crypto Whale Buys $16.55 Million of Solana, Acquiring 234,900 Tokens

  • On-chain analyst EmberCN said a whale bought 234,900 Solana (SOL) over the past three hours.
  • The whale used 16.555 million USDC to buy Solana on-chain, at an average purchase price of $70.5.
  • EmberCN said Solana’s price rose about 2%% over the same three-hour period as the large-scale accumulation.

Forecast Trend Report by Period

Loading Indicator

Photo: Solana logo
Photo: Solana logo

A cryptocurrency whale bought a large amount of Solana in a short span, on-chain data showed.

On June 20, on-chain analyst EmberCN said the investor purchased 234,900 Solana tokens over the past three hours using 16.555 million USDC.

The average purchase price was $70.5 per token, putting the total value of the buying at about $16.55 million.

Solana also climbed during the accumulation period, rising about 2% over the same three hours, according to EmberCN.