Solana’s price experienced a significant fluctuation today following the unlocking of substantial SOL tokens by FTX, raising questions about market dynamics. A large investor linked to FTX recently released 186,326 SOL tokens worth $21.5 million, representing one of their largest unlocks since November 2023 when they began selling assets. This event follows another large unlock in March, where the wallet unstaked over 3 million SOL, totaling $431 million. FTX’s total unlocking activity on Solana has now reached 7.83 million SOL, worth $986 million since November 2023. This whale’s actions indicate a profit-taking strategy, as unlocking tokens for a return is a common practice in the crypto market.