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Lookonchain flagged on the 8th that a single wallet built up 285,500 SOL, roughly $28.82M (about KRW 38.8 billion), through staggered buying on Hyperliquid over the past three weeks, implying an average cost near $101 per token. Drip-fed accumulation rather than one block purchase points to position-building that absorbs supply without an immediate spot price shock, so the near-term read for SOL stays driven by broader BTC/ETH beta rather than this flow. The missing pieces matter: the wallet address, entry timestamps, and whether the exposure is spot or leveraged perpetual are undisclosed, and a leveraged structure would turn this into liquidation-risk overhang instead of a conviction signal.
As a Crypto signal, watch whether it changes price action, volatility, or flows around SOL.
Original Source: 토큰포스트
This page is market information analysis, not investment advice.
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