Solana Could Reach $260–$300 as $214M Whale Outflows and Short Liquidations Suggest Accumulation
The post Solana Could Reach $260–$300 as $214M Whale Outflows and Short Liquidations Suggest Accumulation appeared on BitcoinEthereumNews.com. Solana price (SOL) strengthened after two whale transfers totaling about $214 million off Coinbase Institutional, signaling large-holder accumulation and reduced immediate sell pressure — a development that supports a bullish outlook if SOL holds above $224 and futures volume does not trigger a sharp correction. Whales moved ~$214M from Coinbase Institutional, indicating accumulation. Short liquidations of ~$1.1M have outweighed longs, boosting upward momentum. Futures open interest and a high Stochastic RSI suggest elevated risk of rapid pullbacks. Solana price surges after $214M whale exits Coinbase Institutional; watch $224 support and futures overheating — read now for levels and outlook. What do the $214 million whale transfers mean for Solana price? Solana price reaction to two large outbound transfers suggests intention to hold rather than sell. The $214 million move from Coinbase Institutional to unknown wallets typically reduces immediate exchange sell pressure and supports a bullish thesis if on-chain accumulation continues. How decisive is the $224 level for SOL price continuation? SOL traded near $223 at press time, consolidating just above its recent breakout line. Holding above $224 is critical: a sustained close above this level opens a clear path to $260, then $300 if volume confirms. Failure to defend $224 risks a retest of $200, which has acted as key support. ‘, ‘
The post Solana Could Reach $260–$300 as $214M Whale Outflows and Short Liquidations Suggest Accumulation appeared on BitcoinEthereumNews.com.
Solana price (SOL) strengthened after two whale transfers totaling about $214 million off Coinbase Institutional, signaling large-holder accumulation and reduced immediate sell pressure — a development that supports a bullish outlook if SOL holds above $224 and futures volume does not trigger a sharp correction. Whales moved ~$214M from Coinbase Institutional, indicating accumulation. Short liquidations of ~$1.1M have outweighed longs, boosting upward momentum. Futures open interest and a high Stochastic RSI suggest elevated risk of rapid pullbacks. Solana price surges after $214M whale exits Coinbase Institutional; watch $224 support and futures overheating — read now for levels and outlook. What do the $214 million whale transfers mean for Solana price? Solana price reaction to two large outbound transfers suggests intention to hold rather than sell. The $214 million move from Coinbase Institutional to unknown wallets typically reduces immediate exchange sell pressure and supports a bullish thesis if on-chain accumulation continues. How decisive is the $224 level for SOL price continuation? SOL traded near $223 at press time, consolidating just above its recent breakout line. Holding above $224 is critical: a sustained close above this level opens a clear path to $260, then $300 if volume confirms. Failure to defend $224 risks a retest of $200, which has acted as key support. ‘, ‘
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