Solana Whale Sells Major Portion of Holdings, Triggering Price Drop

A significant Solana (SOL) wallet recently unloaded a substantial amount of its holdings, sending shockwaves through the crypto market. This move by an influential whale led to a notable price drop for SOL within the past few hours. The wallet previously held 1.32 million SOL worth approximately $192 million, and sold 100,000 SOL, or about $10.7 million, just minutes ago. This unexpected move coincides with Solana’s fragile recovery attempts following a recent decline.