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Seeker (SKR) Rockets 200% Post-Airdrop Whales Absorb the Dump

Seeker (SKR) token surges 200% after airdrop as whales absorb selling pressure

Seeker (SKR), the native token tied to the Solana Seeker smartphone ecosystem, exploded more than 200% within 24 hours of its airdrop distribution.

The token spiked from roughly $0.013–0.014 to an intraday high near $0.059 before settling around $0.041 at the time of writing.

On-chain data reveals the classic post-airdrop dynamic:

  • Airdrop recipients sent ~129 million SKR to exchanges → immediate sell pressure
  • Exchange balances rose 51% in one day → total exchange-held SKR now ≈ 380.9 million
  • Yet the price not only held — it multiplied.

The missing piece? Aggressive whale buying absorbed almost the entire float being dumped.

Whale & Smart-Money Numbers

Nansen and other trackers show a very clear accumulation:

  • Top 100 wallets added ~144 million SKR in the last day
  • Their total holdings now sit around 8.3 billion SKR
  • Standard whale wallets (large but not top-100) added 25.6 million SKR
  • Smart-money cohort increased positions by 2.4 million SKR+32.5% for that group

Net result: the 182 million tokens reportedly bought by large players roughly matches (or exceeds) the amount that flowed into exchanges from airdrop recipients.

That’s why the sell-off never really gained traction.

Technical Structure After the Spike

Price action tells a controlled story rather than a chaotic pump-and-dump:

  • Brief dip below 1-hour VWAP → quickly reclaimed
  • The 9-period EMA acted as dynamic support
  • 21-period EMA was never challenged
  • Smart Money Index spiked hard during the recovery and has since flattened → classic consolidation signal (not distribution)

Current key levels:

Upside targets

$0.059 → recent high (break opens price discovery)

$0.080 → next psychological & prior swing area

$0.092 → measured move projection from the base

Downside risk

$0.034 → near-term support cluster

$0.020 → origin of the pre-spike consolidation zone (major breakdown target)

Why This Pattern Matters Right Now

Large, quiet accumulation during an airdrop dump is one of the highest-conviction setups in crypto.

When whales buy the exact amount (or more) that retail is selling and the price holds or rallies, it often signals that informed money views the current range as undervalued.

Seeker’s case fits that textbook pattern perfectly.

Short-term traders are now watching whether $0.059 can flip into support.

Longer-term participants are asking whether this is the start of a multi-week base before the next leg higher.

Either way, the combination of heavy whale buying + defended technical structure has turned what could have been a classic airdrop rug into one of the strongest post-distribution performances of Q1 2026 so far.

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