From Sun to Sun: Whale "1011" Consolidates its Position in SOL with 250,000 Tokens

RuntimeError · 2026-01-19T13:25:27+00:00

A labeled address "1011" has significantly accumulated 250,000 Solana (SOL) coins, becoming a key player in the ecosystem. The average purchase price was $137.53, with current holdings valued at approximately $33.5 million. Despite market volatility, this whale's disciplined strategy reflects ongoing institutional interest in Solana.

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2026-01-19 13:25:27

Abstract generation in progress

A address labeled as “1011” has completed a significant accumulation strategy in Solana (SOL), according to on-chain analysis reports. The consolidated position of this whale now amounts to 250,000 SOL coins, positioning it as a relevant participant in the ecosystem.

Accumulation Details

Detailed analysis reveals that this address executed its buying strategy systematically, achieving an average entry price of $137.53 per coin. With the current SOL price around $134.02, the position holds an approximate valuation of $33.5 million in this asset alone.

Most notably, the total portfolio of this address exceeds $616 million, demonstrating a diversification strategy beyond Solana. Despite the considerable size of its holdings, the whale has maintained disciplined execution, completing all pending orders without causing sharp movements in the market.

Volatility in Floating Gains

Although SOL has recorded only moderate corrections in recent sessions, the significant volume of this position keeps volatility evident. Unrealized gains have recently decreased to approximately $9.79 million, reflecting the bearish pressure currently experienced by Solana in the markets.

This whale movement suggests that large accumulators continue to position themselves in high-impact projects, even in correction contexts. The “1011” buy-to-buy strategy maintains analyst interest as an institutional sentiment indicator in the Solana network.

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