【Chain News】Recently, a large holder has taken action again when the SOL price fell below $120, buying 41,000 SOL in one go, investing $5 million. This address is considered a well-known trader in the crypto market.
Looking at his trading history, you can understand this sense of rhythm—about 8 months ago, he 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, he didn't hesitate and immediately re-entered the market.
This way of taking action actually reflects an understanding of price cycles. From over $120 to $175, then falling back below $120, he demonstrates what "buy low and sell high" really means through his 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 fluctuations.