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February 19, 2025

Solana Whale Stirs Market by Staking $15M SOL During Meme Coin Panic

A Solana whale created market buzz by staking a hefty amount of $SOL, totaling approximately $15 million, even as the network faced a meme coin panic. Records show that this whale withdrew 87,000 SOL for staking purposes while the token traded around the $169 level. This bold move showcases confidence in Solana despite market turmoil and highlights how whales can influence market dynamics. Traders should pay attention to such behaviors as they often signal underlying market trends and potential recoveries.

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