Home >web3.0 >Solana (SOL) Whales Quietly Offload $99M This Year, Flock to New Altcoin, Rollblock GambleFi Token

Solana (SOL) Whales Quietly Offload $99M This Year, Flock to New Altcoin, Rollblock GambleFi Token

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2024-09-08 18:18:141102browse

Solana's grace-to-grass story is getting sour as the whales' sell-off heats up. Recently, a major Solana whale, likely an institutional investor, has offloaded $99M worth of Solana throughout the year.

Solana (SOL) Whales Quietly Offload M This Year, Flock to New Altcoin, Rollblock GambleFi Token

Solana's turbulent 2023 continues as a major whale has quietly offloaded $99M in SOL throughout the year.

According to data from LookonChain, the sell-off has been unfolding gradually, with the whale selling off an average of over $350M in Solana every week since the year started. This puts their current holding at a massive $250M.

However, the whale’s large sol holdings have sparked concerns among the community, as such an entity could potentially manipulate the direction of the SOL price.

Meanwhile, another whale, the meme coin launch platform Pump.fun, has also continued to sell its sol holdings, with a recent sale of close to $2M, bringing their total sol sales to $42M.

These sol sales come amid a broader decline in the sol price, which has lost 6% in the past month and now trades at $126. Solana's sol price decline is pushing whales to new altcoins.

After the meme coin hype fizzled out, so did sol's recovery. The exodus of sol whales is tangible proof that Solana may have lost its shine.

However, the whales' loss is another crypto project's gain, as they flock to the new solana sol alternative, the Rollblock GambleFi token.

In the past month, this ICO token surged an impressive 150% from its $0.01 first-stage price to $0.025 in stage 6 presales. But what’s this Rollblock solana sol alternative all about?

Well, Rollblock is a fully-fledged, vibrant GambleFi system that aims to capitalize on the half-a-trillion-dollar online casino industry to bring on reinventing gambling and gaming.

The Rollblock online casino is a game-changer in Web3 and casino gaming. It features hundreds of immersive and entertaining gaming titles from licensed providers.

But its first-of-its-kind cutting-edge DeFi-backed AI foundation was the charm for many punters and investors.

The attraction doesn’t end there! Rollblock is creating as much value as the innovation it aims to offer. The online casino platform offers various passive earning programs with its income-generating new altcoin, RBLK.

With the new altcoin, holders can eat big from the revenue share model, staking opportunities, cashback, and even bonuses.

While Solana dwindles, this new altcoin has continued to set presale records after raking over $3.1M from more than 13,500 investors and whales. The potentials are as clear as crystal!

Rollblock is aiming for a mind-blowing sol solana sol alternative solana sol solana sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol sol

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