🍁 Golden Autumn, Big Prizes Await!
Gate Square Growth Points Lucky Draw Carnival Round 1️⃣ 3️⃣ Is Now Live!
🎁 Prize pool over $15,000+, iPhone 17 Pro Max, Gate exclusive Merch and more awaits you!
👉 Draw now: https://www.gate.com/activities/pointprize/?now_period=13&refUid=13129053
💡 How to earn more Growth Points for extra chances?
1️⃣ Go to [Square], tap the icon next to your avatar to enter [Community Center]
2️⃣ Complete daily tasks like posting, commenting, liking, and chatting to rack up points!
🍀 100% win rate — you’ll never walk away empty-handed. Try your luck today!
Details: ht
SOL Pullback Analysis: What Are Whales Doing? 🧐
SOL's testing support around $204 after falling from recent highs. What's going on behind the scenes? Let's peek at the on-chain data.
SOL is moving OFF exchanges fast! 🚀 Big players seem to be scooping up coins during this dip. They're sending assets to cold storage. Fewer coins available for trading. Less selling pressure.
The biggest wallets (not exchanges) show no fear. Holding strong. They're actually buying more over the last week. No panic selling here. Just quietly positioning. 💎🙌
Some early VC folks are taking profits. Expected. But those "Smart Money" wallets? They're jumping in. Trading stablecoins for SOL right on-chain. Absorbing the sell pressure. It looks like they see value at these prices. 🌊
The most telling sign: over 70% of all SOL remains staked! 🔥 That's massive commitment. Whales don't really care about day-to-day price swings. They're earning yield while betting on the ecosystem's long-term future.
Final Take:
The on-chain stuff suggests whales are buying, not bailing. Money flowing out of exchanges, steady accumulation, and that huge staking percentage all point to something solid underneath all this volatility.
Technical indicators might flip around, but the big money seems pretty confident beyond this pullback. Not entirely clear what happens next, but their moves kind of tell a story.
What's your take on all this whale activity? Following their lead? 👇