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Solana Whales and Institutions Accumulate Amid Retail Sell-Off

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SOL
$126.26-0.49%
Solana [SOL] fell below $130 as the fear and greed index turned bearish, with trading volume showing retail sell pressure. A whale moved 101,365 SOL ($13.89 million) from Kraken, boosting holdings to 628,564 SOL ($84.13 million). Institutions added to Solana ETFs for five days straight. Spot taker CVD turned positive, with sell volume outpacing buys. Momentum indicators remain negative, SMI Ergodic at -0.103 and EMA/MA tightening. Traders watch $130 for support.
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