Whale Buys 4.97M STONK Tokens for $1.14M in SOL

A single wallet deploying seven figures of SOL into a token is the kind of on-chain signal that tends to draw copycat flow, and it lands while STONK is already rising — which makes the move look momentum-aligned rather than purely contrarian. What it does not establish is whether this is a conviction position or a fast trade; one address's entry says nothing about the breadth of demand behind it. The open question is whether the buying persists or the wallet's future transfers become the more informative data point.