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What’s interesting about this SOL whale isn’t that it bought again—it’s that the same price has come back.
The news says that 6 days ago, he ran a round of a SOL swing trade: sold 234,900 $SOL around 72.6, then cleared it, making $513,000. Today, 1 hour ago, he bought back 235,200 SOL using 17.068 million USDC, and the price is still 72.6.
That’s very trader-like.
Not a call for faith.
It’s using the same price level as a liquidity coordinate.
You can’t treat a whale’s actions as a prophecy.
But it can tell you which section of the price range is where people start being willing to take on risk again.
#TradFiCFDGoldMasters