Solana Holds Key Level Amid Whale Sell-Off
- Solana is trading at $114, a 7.6% daily increase.
- Whale “4W1Ree” unstaked 159,028 SOL, selling 60,000 for $6.13 million at $102 each.
- Investor “5cPair” sold nearly 90,000 SOL for approximately $9.7 million at an average of $108 per token.
- Pump.Fun platform transferred 84,350 SOL to Kraken and has offloaded a total of 1.72 million SOL since January.
- SOL’s market cap stands at $58.8 billion.
Despite significant sell-offs by major holders and platforms like Pump.Fun, Solana’s price remains resilient above the key $110 level, currently trading at $114 with a market cap of $58.8 billion.
Source (2.6)https://www.newsbtc.com/altcoin/solanas-110-test-bullish-reversal-or-whale-driven-fade/?rand=52377
