Solana’s price is facing turbulence following a significant transfer of SOL to Binance by a major whale. This move, totaling around $441 million, has raised concerns about potential sell-offs among traders and sparked debates about the token’s future. While the transaction originated from a long-term holding funded three years ago, it nonetheless triggered anxiety due to its substantial size. 2.8 million SOL tokens were transferred to Binance, which led to heightened speculation and uncertainty about Solana’s trajectory. Analysts are now carefully observing support levels as traders assess whether the recent price drop will continue or if the market may stabilize.