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Solana Crashes 15% as Whales Dump $46M—More Pain Ahead?

  • Solana (SOL) prices experienced a significant decline of 15% throughout this week due to substantial whale offloading behavior leading to increased selling pressure.
  • Four major wallets unstaked and transferred $46 million worth of SOL to exchanges within 24 hours.
  • The largest transaction came from a wallet that moved $30.3 million worth of SOL alone.
  • Solana faces persistent pressure from market trends and major investor activity until its situation changes.

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