Solana Whales Dump Tokens Amid Market Downturn

The cryptocurrency market experienced another sharp decline recently as bearish momentum intensified. Recent on-chain data from Lookonchain reveals that large crypto whales are aggressively offloading Solana ($SOL) tokens, contributing to a further dip in the market value. While Bitcoin also saw a noticeable drop in price last night, reaching $76,000, the downturn particularly affected Solana, dropping as low as $101.49. This has caused concern within the broader cryptocurrency ecosystem.