In the past week, whale net flows for Sonic surged 1,265%, indicating significant accumulation by large holders, aiming to purchase near multi-month support.
Sonic’s price decreased by 6.43% to 0.369 USD. However, smart money traders have generated over 724,000 USD in unrealized profits, reflecting their confidence in future price movements.
An increase in whale activity may signal a turning point for Sonic, while a positive funding rate suggests growing optimism. Sonic is currently testing critical Fibonacci support levels, indicating potential recovery points.
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