Whales Sell $31M in Solana as $SOL Holds $208 SMA: Can Solana Break $250 for Year-End Rally?

Solana ($SOL) has experienced a dynamic trading session as whales aggressively adjust their positions. Today, a single whale reportedly sold $31.59 million in $SOL, highlighting significant profit-taking on minor price pumps, according to analyst ￰0￱ this selling pressure, the market shows potential for continued upside if key technical levels ￰1￱ Chart Hints at Bullish Continuation According to CryptoJelleNL, Solana’s weekly chart shows a prominent cup-and-handle pattern forming above $180 ￰2￱ recent bounce near $206 confirms a successful retest of the breakout ￰3￱ $250 mark remains the last hurdle for buyers, and clearing this resistance could trigger a sustained rally toward $300–$340 by year-end.) after a brief dip, signaling renewed bullish interest, according to Umair ￰4￱ recent sweep below the SMA likely gathered liquidity, setting up a potential move toward resistance around $229–$232.