A recent transfer of about 3.5 million SOL, valued at 487 million USD, suggests strategic positioning in Solana. With short liquidations surging to 339,500 USD, this accumulation indicates a potential market sentiment shift.
Whale activities in the Solana ecosystem are increasing, with a noticeable rise in the stablecoin share held by whales. Despite this, flat funding rates reflect traders’ hesitance to adopt leveraged positions which could limit short-term price movements.
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