One Solana whale may be looking to dump 2.8 million SOL, worth $441 million, after moving these tokens to Binance. This move comes as the Solana (SOL) price has crashed 18% over the past 10 days. Despite the potential selling pressure, Coinglass data reveals a bullish outlook due to consistent investor outflow noted in the last three weeks. Amid these mixed signals, will Solana price crash as suggested by a rounding top pattern on the daily chart? Is the current level of demand sufficient to absorb a potential whale sell-off? Are Whales Looking to Sell $441M SOL? According to a recent X post by Whale Alert, 2.8 million SOL tokens have been transferred from an unknown wallet to the Binance exchange, creating concerns about a possible sell-off. The value of these tokens is equivalent to $441 million at the current Solana price. A deep dive into on-chain data shows that… Read More at Coingape.com
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