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Wednesday, September 2, 2026 · UTC
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Solana Ends Red Streak with First Green Monthly Candle in a Year

Solana (SOL) closes its first positive monthly candle in nearly a year, ending a prolonged decline.

TruthFoundry Desk
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As of 2026-09-02 11:00 UTC. Market figures are as the cited sources reported them at that time and may have moved since. This is news, not investment advice.
Solana (SOL) closed its first positive monthly candle in nearly a year, ending a prolonged streak of red months that began after September 2025. [1] Ethereum (ETH) price fell 3.7% from an intraday high of $2,558 reached on August 27 to trade near $2,463. [2] Lookonchain reported that a trader opened a 25x long on 18,587 ETH worth $44.85 million after seven months of inactivity. [3] A dormant Solana whale identified as wallet 6ESYXA purchased 76,856 SOL worth approximately $8 million from Hyperliquid after eight months of inactivity. [4] According to TradingView data circulating widely on X, the latest monthly candle for Solana closed near $103. [5] A large holder moved 167,855 ETH, worth approximately $408 million, to exchanges, followed by an additional transfer of 70,739 ETH valued at roughly $174 million. [6] Spot Ethereum ETF inflows dropped from $234.5 million on August 27 to $87.7 million by August 31, signaling cooling demand. [7] CoinGlass reported that over $63.6 million in long positions were liquidated compared to $12.6 million in shorts. [8] Ethereum traded around $2,420, down 2.5% on the daily charts, after facing rejection at $2,567 and remaining range-bound between $2,300 and $2,400. [9] Lookonchain reported that a whale deposited 103,252 ETH worth $253 million into multiple exchanges, and the wallet still holds 64,603 ETH worth $155 million, likely to be sold. [10] Trading volume for Ethereum ETFs contracted from $1.37 billion on August 28 to $742 million on August 31. [11]
What this stands on
  1. Solana (SOL) closed its first positive monthly candle in nearly a year, ending a prolonged streak of red months that began after September 2025. · u.today
  2. Ethereum (ETH) price fell 3.7% from an intraday high of $2,558 reached on August 27 to trade near $2,463. · beincrypto.com
  3. Lookonchain reported that a trader opened a 25x long on 18,587 ETH worth $44.85 million after seven months of inactivity. · AMBCrypto
  4. A dormant Solana whale identified as wallet 6ESYXA purchased 76,856 SOL worth approximately $8 million from Hyperliquid after eight months of inactivity. · u.today
  5. According to TradingView data circulating widely on X, the latest monthly candle for Solana closed near $103. · u.today
  6. A large holder moved 167,855 ETH, worth approximately $408 million, to exchanges, followed by an additional transfer of 70,739 ETH valued at roughly $174 million. · beincrypto.com
  7. Spot Ethereum ETF inflows dropped from $234.5 million on August 27 to $87.7 million by August 31, signaling cooling demand. · beincrypto.com
  8. CoinGlass reported that over $63.6 million in long positions were liquidated compared to $12.6 million in shorts. · AMBCrypto
  9. Ethereum traded around $2,420, down 2.5% on the daily charts, after facing rejection at $2,567 and remaining range-bound between $2,300 and $2,400. · AMBCrypto
  10. Lookonchain reported that a whale deposited 103,252 ETH worth $253 million into multiple exchanges, and the wallet still holds 64,603 ETH worth $155 million, likely to be sold. · AMBCrypto
  11. Trading volume for Ethereum ETFs contracted from $1.37 billion on August 28 to $742 million on August 31. · beincrypto.com
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