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Recently, a striking phenomenon has emerged in the crypto assets market. Since the end of April, an unidentified Large Investor has been continuously purchasing a large amount of SOL Token through the Falex platform. This series of actions has sparked widespread attention and discussion in the market.
According to reliable sources, in just the last 24 hours, the Large Investors purchased 73,500 SOL in one go, which is valued at approximately $13.83 million at current market prices. Even more surprisingly, this is just the tip of the iceberg.
In-depth analysis reveals that the overall operations of this mysterious buyer have become even more astonishing in the past three months:
1. The cumulative purchase amount has reached 365,000 SOL
2. The total investment amount reached 59.3 million USD.
3. The average purchase price is 162.4 USD/coin
4. All purchased SOL is staked to earn returns.
5. Based on the current market price, the paper profit has reached 7.3 million USD.
This series of actions demonstrates the strong confidence buyers have in SOL:
- Starting from April, continue to buy in, showing characteristics of counter-trend operations.
- Stake all purchased tokens to indicate the intention of long-term holding.
- The average cost is $162, which has already yielded considerable gains compared to the current market price of about $182.
This large-scale and sustained buying behavior has triggered numerous speculations in the market. Some believe it may be a large institution making strategic arrangements, while others speculate that it could be seasoned individual investors bottom-fishing. In any case, such a scale of operation is clearly not something ordinary investors can emulate.
As this situation continues to develop, market participants are closely following the subsequent trends. Will this large-scale buying behavior have a significant impact on the price movement of SOL? Does it indicate a certain market trend? The answers to these questions, I'm afraid, can only be given by time.