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Solana Hits New ATH On Huge Whale Accumulation, More Gains Ahead?

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Summary
Nutrition label

67% Informative

Solana hits a new ATH amid massive whale buying, offering buying pressure to the asset.

SOL price today witnessed gains worth 8% intraday to reach a new price level above $260 .

On-chain data shows millions of coins bagged recently, offering a buying pressure.

Simultaneously, Coinglass data indicated that the coin’s futures OI surged 15% to $6.01 billion .

The SEC has now started engaging with the SOL ETF issuers regarding the filed S-1 registration statements.

VR Score

48

Informative language

36

Neutral language

48

Article tone

formal

Language

English

Language complexity

46

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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