Solana (sol) Whale caught the market’s attention after waking up from a 365-day dormancy to place a bullish bet on altcoins. as tracked On-chain platform Lookonchain on X pulled $80,000 from long-term inactive wallets sol From Binance exchange to private wallet.
Forex withdrawal suggests prolongation sol accumulation strategy
The legal value of the assets transferred is approximately $10.87 million at current market rates. Many people in the Solana community are excited about this move, as it suggests a rally could begin soon. Community members are working hard to: Track the whale’s next movements.
Especially for such a large holder, moving that amount of Solana out of Binance could signal that it will be active again in a year. This withdrawal shows that Whales does not intend to sell anytime soon, but wants to hold on to it. sol In the long run.
Wallet 7Z4KKD withdrew $80,000solAfter 1 year hiatus, from #Binance 5 hours ago ($10.87 million). https://t.co/N66DJZayCq pic.twitter.com/oraoVgBtzV
— Lookonchain (@lookonchain) January 10, 2026
If Solana Whale plans to sell, it will likely leave the assets on an exchange for quick disposal when the market price is right. However, it is the move to private wallets amid market volatility that has sparked bullish expectations in the ecosystem.
One user said the Solana whale wallet “awakened me with purpose.”
Others are keen to understand who the whale is, its motives, and whether it’s an old miner behind the wallet or an audacious player placing huge bets on Solana’s future price prospects.
Solana struggles below major support despite whale activity
Solana Shares fell $5 as market volatility continued, dropping from a daily high of $140.42 to a low of $135.05. As of this writing, Solana is trading is $136.39, representing a decline of 1.33% in the past 24 hours.
The coin’s trading volume has also struggled, dropping 24.42% to $3.76 billion. This is primarily due to the failure of Solana price to sustain above the key support of $137. As soon as the coin broke through this support, selling pressure occurred.
On the positive side, U.Today reports: Solana could record further growth By 2026, it will be the second largest ecosystem in terms of developer activity. Blockchain expects Alpenglow upgrades to take place in the first half of this year. This is expected to reduce transaction times to within 100-150 milliseconds, making it faster than Google search engine.
Investors have always preferred the Solana blockchain in terms of transaction throughput, and the upgrade could further drive adoption and positively impact price.
