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Solana Dips Below $120 Amid Reduced Activity, Whale Accumulation Intensifies

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SOL
$125.70-0.2%
Solana (SOL) dropped below $120 on December 18 as network activity slowed and retail traders stepped back amid rising fear. Whale movement picked up, with wallet G6gemN buying 41,000 SOL for $5 million. This mirrors a similar pattern from eight months ago. Solana ETFs saw $11 million in net inflows, helping offset spot selling. Bulls held near $122–$145, where buying has been steady.
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