Solana: 134K SOL staked in 3 days – But is the bottom in yet? – BitRss

• A whale’s activity heightened in the past three days, withdrawing another 47,154 SOL ($179.44) worth $7.98M from Binance .
• SOL’s bottom could not be in, but a run on the lows at $120 to price in the unlocks could result in a reaction to the upside.

A whale has shifted a large sum of Solana [SOL] from Binance into staking, specifically, 47,154 SOL, valued at approximately $7.98 million, was recently withdrawn and staked.

Over the last three days, this whale has staked a total of 134,482 SOL, worth about $23.58 million.

This highlights a growing preference for staking among investors. It may be due to the declining allure of memecoins, which often offer high volatility, but less stability compared to staking rewards.…