On September 6, a whale invested 14.53 million USD in USDC, acquiring 143,126 SOL with 2x leverage, reflecting strong bullish sentiment. The current prices suggest a potential rally, but overall liquidity will determine sustainability.
Solana’s price fluctuates within a bullish channel, with key resistance at 218 USD and support at 188 USD. While many traders are optimistic, the high percentage of long positions poses risks if the market shifts unexpectedly.
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