Whale again buys the dip in SOL: The trading logic from the high of $175 to the $120 re-entry

【Chain Wen】Recently, a large holder has taken action again when the SOL price fell below $120. They bought 41,000 SOL in one go, investing $5 million. This address is considered a well-known trader in the crypto market.

Looking at their trading history, you can understand their sense of rhythm—about 8 months ago, they accumulated 24,528 SOL at an average price of $122, with a total investment of $3 million. That trade was later sold at $175, earning a direct profit of $1.28 million. Now that SOL has fallen back again, they didn’t hesitate and immediately re-entered the market.

This approach actually reflects an understanding of price cycles. From over $120 to $175, then falling back below $120, they demonstrate what “buy low and sell high” truly means through their actions. Especially in the current volatile market environment, such large-scale positioning often reveals the judgment of institutions or experienced players—they are not betting on short-term rebounds but on longer-term value.