A significant on-chain transaction has been observed as a whale purchased 234,900 SOL using 16.555 million USDC, according to analyst Yu Jin. The acquisition, made at an average price of $70.5 per SOL, resulted in a 2% price increase for Solana (SOL) over the past three hours. This transaction highlights the impact of large-scale purchases on the cryptocurrency's short-term market performance.
Whale Purchase of 234,900 SOL Boosts Price by 2%
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