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Solana Whales Move $1.3 Billion SOL Amid ETF Approval Optimism

Solana whales transfer $1.3 billion in SOL as ETF approval odds hit 91%, hinting at strategic moves and growing investor confidence.
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Solana Whales Move $1.3 Billion SOL Amid ETF Approval Optimism

Highlights

  • Solana whales move over $1.3B SOL amid ETF approval speculation surge.
  • Polymarket odds show 91% chance of Solana ETF approval by 2025.
  • Large transfers suggest bullish positioning, not selloff, as SOL price holds steady.

Large amounts of Solana (SOL), a popular digital currency, have been moved between unknown wallets. The transactions, spotted just minutes ago, included massive transfers worth millions.

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Whale Transfers Spark Speculation As Solana ETF Approval Odds Surge

One transfer involved 2,999,999 SOL, valued at $431,734,689. Another, saw 2,999,999 SOL worth $430,995,076 change hands. The biggest move was 3,000,000 SOL, totaling $430,601,884. These mysterious transfers have sparked curiosity among investors and enthusiasts.

Importantly, these movements happened without any clear destination or sender information. That suggests strategic positioning rather than panic or liquidation. Such large-scale wallet movements often signal preparation.

Investors may be reorganizing assets ahead of expected regulatory or market developments. These aren’t everyday transfers. When nearly identical amounts move with such timing, it’s rarely coincidence. Big movements usually happen before announcements or market shifts.

At the same time, a new development has caught attention on Polymarket, a prediction platform. An event titled “Solana ETF approved in 2025?” shows a 91% chance of approval by December 31, 2025.

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Whale Activity and Soaring ETF Bets Suggest Accumulation

This is up 17% from earlier predictions, hinting at growing confidence. With a volume of $178,356, it suggests many are betting on this outcome. An ETF, or exchange-traded fund, would let people invest in Solana through traditional stock markets, potentially boosting its value.

The fact that this much SOL was moved without impacting price suggests these whales are not selling. They may be preparing for custody changes, staking shifts, or institutional onboarding. These actions support a bullish long-term view.

These events come as Solana’s price remains a hot topic. The large wallet movements could signal big players adjusting their positions. Some wonder if this ties to the ETF speculation, though no clear link exists yet.

In crypto, wallets don’t move billions unless there’s purpose behind it. When paired with the 91% ETF approval chance, the story becomes clear. Large holders are expecting something significant and traders are taking notice.

For investors, this moment may represent early signs of broader market recognition for Solana. Currently, Solana price is $143.97 after a slight daily increase of 0.28%. However, volume dropped 35.51% over 24 hours, totaling $3.1 billion.

 

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Paul

Paul Adedoyin is a crypto journalist with 4+ years experience who provides timely news, in-depth research, and insightful content to inform and empower his audience. His works have been featured on sites such as CryptoMode, CryptoNewsFlash among others. He holds a degree in Geophysics from OAU, Nigeria. When he's not writing, he loves watching soccer and reading educative journals. He can be reached via paul@coingape.com

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