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Solana Whale Stakes $29.87M Signals Strong Market Confidence

Summary by Tron Weekly Journal
A whale withdrew 174,767 SOL ($29.87M) from Binance over four days, staking 174,705 SOL for rewards. SOL surged 3.2% to $173.50 post-withdrawal; RSI hit 68, and MACD signaled a bullish crossover. On-chain data showed a 15% rise in active addresses, and total staked supply increased by 2% to 72%. In a significant development within the cryptocurrency market, a notable whale address has transacted 174,767 SOL, valued at nearly $29.87 million, as …
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Tron Weekly Journal broke the news in on Friday, February 21, 2025.
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