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Solana faces heavy selling as whale dumps $148.77M in SOL, breaking key $95.50 support.

Technical Signals
02 Nov 2026, 23:00 WIB
AMBCrypto
View Source
Bearish
Solana faces heavy selling as whale dumps $148.77M in SOL, breaking key $95.50 support.

A large Solana whale deposited 1.49 million SOL worth $148.77 million across multiple exchanges, raising fears of significant selling pressure. Despite some positive netflows, the overall market shows strong selling dominance in both spot and futures trading, pushing SOL below its $95.50 support level. Technical indicators suggest further downside risk toward $84.14 unless buyers reclaim $95.50. The market remains bearish amid ongoing whale activity and selling pressure.

Following news of a large Solana whale deposit, SOL continues to face selling pressure on Pluang. As of Nov 03, 2026 04:34 WIB, SOL trades at Rp1.661.101, down 2.77% in the last day. Despite this, Pluang order activity shows a majority of 62% Buy against 38% Sell, with a typical hold time of 72 days, indicating some investor confidence amid volatility.

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