After nearly 10 months of silence, a well-known Solana whale—identified by the wallet 2z4gKC—has suddenly reappeared on-chain. The whale, who previously had over 23,000 SOL staked (valued at around $4.37 million), just made a surprising move: buying 1.12 million GHOST tokens.
The purchase was made using 65 mSOL, worth approximately $16,700, signaling a potential new interest in smaller-cap or community-driven tokens.
GHOST Buy Raises Eyebrows
GHOST is a lesser-known token in the Solana ecosystem, and this move has sparked curiosity among on-chain watchers. Why would a large holder, inactive for almost a year, re-emerge to buy a highly speculative asset like GHOST?
There’s no clear answer yet, but such activity often precedes broader attention or price movement. Whales rarely act without reason—especially those with a proven track record of strategic staking and timing.
The wallet’s history shows long-term conviction in Solana (SOL), and now the purchase of GHOST could be either a speculative play or a sign of confidence in a new project within the Solana network.
A whale(2z4gKC) who had over 23K $SOL($4.37M) staked just woke up after 10 months of dormancy, spending 65 $mSOL($16.7K) to buy 1.12M $GHOST.https://t.co/spqIFCkPDppic.twitter.com/eUgq4VVWf0
— Lookonchain (@lookonchain) November 2, 2025
What’s Next for This Whale?
While the amount spent is relatively small compared to the whale’s SOL holdings, the move is significant given the long inactivity. Some traders believe this could be the beginning of more on-chain action, possibly hinting at a broader strategy shift or early positioning in emerging Solana-based tokens.
For now, on-chain analysts and traders are keeping a close watch on wallet 2z4gKC to see if this GHOST buy is a one-off or the first step in a larger plan.