According to on-chain analyst Lookonchain, a whale address bought 50,000 SOL (approximately $6.77 million) at the price bottom 7 hours ago. This whale had previously sold 122,921 SOL between November 20, 2024 and January 21, 2025 at an average price of $230 per coin, totaling approximately $28.23 million. This time the address repurchased SOL at a lower price point, demonstrating a typical buy low sell high trading strategy.