MAROKO133 Hot crypto: Whales Go Long on Solana Despite the 40% Price Crash — What Are They

📌 MAROKO133 Update crypto: Whales Go Long on Solana Despite the 40% Price Crash —

Solana price has fallen sharply in recent weeks, losing nearly 40% in a month and more than 54% since its January peak. The trend still looks weak, and most traders continue betting on further downside. Yet some whales are doing the opposite. They are opening aggressive long positions even as the market remains bearish.

This creates a clear divide. The trend still points down, but certain signals suggest early reversal conditions may be forming. The key question now is simple. What exactly are these whales seeing?

Whale Long Bets Appear Even As Solana Tests Critical Reversal Conditions

Solana’s broader trend remains bearish, but early reversal signals are beginning to appear. The first signal comes from the relationship between price and the Relative Strength Index (RSI). RSI is a momentum indicator that measures whether selling pressure is strengthening or weakening.

Since November 21, the Solana price has continued making lower lows. However, RSI has started forming a higher low. This creates a bullish divergence, which often signals that sellers are losing strength. However, this reversal signal is not confirmed yet. For confirmation, two conditions must hold.

First, Solana’s next daily candle must form above $77, which is the current low of the latest candle. If the next candle closes above this level, it will confirm that sellers failed to push the SOL price lower.

Second, the RSI must remain above 30, the previous low hit on November 21. If RSI drops under 30, it would invalidate the bullish divergence and confirm continued weakness. As long as $77 holds and RSI stays above 30 (the second confirmation is more important), the early reversal structure remains intact.

This explains why some whales are positioning early.

One whale recently deposited $2 million in USDC and opened a 20× leveraged long position on Solana, despite the ongoing downtrend.

However, the broader derivatives market still disagrees with this bullish view. Open interest increased from $1.93 billion to $1.98 billion, a 2.6% rise. At the same time, funding rates dropped sharply from -0.005% to -0.032%, a 540% deeper move into negative territory.

This shows the market is heavily betting on further downside. So why are experienced holders accumulating while most traders remain bearish? There has to be something more than the unconfirmed reversal setup.

Long-Term Holder Accumulation And Institutional Activity Suggest Hidden Strength

Long-term holder behavior provides important clues. The Hodler Net Position Change, which tracks whether long-term investors are buying or selling, shows a sharp increase in accumulation. Long-term holders increased their net buying from 786,539 SOL to 972,417 SOL in one day, a 23.6% rise.

Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

This indicates experienced investors are accumulating during weakness. Another signal comes from the Chaikin Money Flow (CMF) indicator. CMF measures whether large capital is flowing into or out of an asset using price and volume.

Even as the Solana price remained weak, CMF started rising. This shows money is quietly starting to flow into Solana. However, for large capital to positively impact the SOL price, it must first break above the ascending trendline and then the zero line.

This accumulation becomes more important when combined with the weekly VWAP, or Volume Weighted Average Price. VWAP reflects the average price weighted by volume and is widely used as a proxy for institutional positioning. Solana recently reclaimed this level briefly, with a 10% upside. The same reclaim also happened in early January, and the price rallied nearly 20%. Currently, the VWAP line is over $79, closer to the current trading price.

The VWAP reclaim previously led the CMF, moving above the zero line. And the current pattern suggests that institutional-style accumulation may be beginning again. This belief could also explain the whale’s early long positioning. But the optimism doesn’t come without risks.

Short-Term Holders And Key Price Levels Now Decide Solana’s Next Major Move

Short-term holders now represent the biggest risk to recovery. This can be seen in HODL Waves, which measure how long investors hold their coins by grouping supply into time bands.

The 1-week to 1-month holder group increased its supply share from 5.10% to 7.18%, a 40% rise. These short-term holders are more l…

Konten dipersingkat otomatis.

🔗 Sumber: www.beincrypto.com

📌 MAROKO133 Breaking crypto: Crypto Funds See $288 Million in Outflows Amid US-Eur

Digital asset investment products recorded $288 million in net outflows for the week ending February 21, marking the fifth consecutive week of negative crypto fund flows. This brings cumulative outflows over five weeks to $4 billion.

While the pace of withdrawals is significant, it remains below the $6 billion lost over the same period last year, suggesting a more measured market adjustment rather than panic selling.

Crypto Outflows Show Divergence as US Investors Lead the Retreat

Trading volumes also reflected the cooling sentiment, with ETP (Exchange-traded product) volumes falling sharply to $17 billion. This is a steep decline from the record activity observed over the past several weeks.

Declining volumes, coupled with persistent outflows, suggest growing investor apathy and the risk of thin liquidity amplifying volatility in the near term.

The regional breakdown highlights a stark divergence in investor behavior. US-based funds accounted for $347 million in outflows.

Meanwhile, Europe and Canada recorded combined inflows of $59 million, driven by institutions in Switzerland ($19.5 million), Canada ($16.8 million), and Germany ($16.2 million).

This split signals a shift in confidence, with overseas investors viewing recent price weakness as an opportunity to selectively accumulate.

Meanwhile, US investors remain defensive, suggesting that they are maintaining a cautious stance amid broader market uncertainty.

Bitcoin and Ethereum Bear the Brunt, But Altcoins Offer Modest Resilience

Bitcoin accounted for the bulk of last week’s crypto outflows, with $215 million withdrawn from investment products.

Notably, short Bitcoin products saw $5.5 million in inflows, the largest of any asset, indicating that some investors are hedging or speculating on further downside.

Ethereum was the second-largest contributor to the net decline, posting $36.5 million in outflows. Other major products also struggled, including multi-asset funds ($32.5 million outflows) and Tron ($18.9 million).

This reflects a cautious stance toward broader market exposure, suggesting that sustained outflows in top-cap assets indicate a rotation away from perceived market leaders. Such an outcome creates potential opportunities for nimble investors in altcoins.

Indeed, amidst the overall negative sentiment, several altcoins continued to attract capital, albeit on a small scale.

XRP led altcoin inflows at $3.5 million, followed closely by Solana ($3.3 million) and Chainlink ($1.2 million).

While these gains were insufficient to offset broader outflows, they highlight selective rotation by investors toward assets with compelling narratives or relative momentum.

The latest data paints a nuanced picture of the crypto market, where the US remains a source of persistent selling pressure. Meanwhile, selective international accumulation and altcoin inflows point to pockets of confidence.

The post Crypto Funds See $288 Million in Outflows Amid US-Europe Divide appeared first on BeInCrypto.

🔗 Sumber: www.beincrypto.com