According to on-link analyst Lookonchain, a whale address bought 50,000 SOLs (about $6.77 million) at the bottom of the price seven hours ago. The whale previously sold 122,921 SOLs at an average price of $230 between November 20, 2024 and January 21, 2025, with a total value of approximately $28.23 million. This time, the address rebuyed SOL at a lower price, showing a typical high selling and low buying trading strategy.