Will Solana’s Whale Sell-Off Topple the Price? Find Out Now! 🤔🚨

by

Will Solana’s Whale Sell-Off Topple the Price? Find Out Now! 🤔🚨

Oh, the drama! One of Solana’s biggest whales has decided it’s time to make it rain—or maybe just rain on everyone else’s parade. We’re talking about a hefty 2.8 million SOL, worth a jaw-dropping $441 million, casually strolling over to Binance like it owns the place.

Whale moving SOL tokens to Binance

This little move comes right after SOL’s price took an 18% nosedive in less than two weeks. Sounds like a panic sale, right? Well, maybe—if you believe the charts, which currently show a “rounding top” pattern, basically a fancy way of saying “Uh-oh, things might be heading south.”

Solana price chart with rounding top pattern

But wait! According to some data nerds over at Coinglass, despite all the fuss, the investor outflow has been steady for three weeks—so maybe everyone’s just leaving, not panicking. Or they’re secretly buying up SOL on the hush-hush, who knows?

So, are these whales really about to dump $441 million worth of SOL and send the price crashing into the abyss? Or is it just another day in the wild world of crypto where charts look bad but the hype never stops?

Honestly, only time will tell if Solana crashes or if this is just the crypto equivalent of a “false alarm.” Stay tuned, because this drama isn’t over yet. Read more at Coingape.com.

Read More

2025-06-02 19:55