Binance - A Solana whale unstaked 106,213 SOL and transferred it to Binance, raising concerns of a potential sell-off amid growing market volatility and bearish signals, urging traders to remain vigilant

in blockchain •  5 months ago 

https://www.binance.com/fr-AF/square/post/13501232744001
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A Solana whale recently unstaked 106,213 SOL ($14.3 million) and transferred it to Binance, potentially signaling an impending sell-off amidst heightened market volatility and bearish sentiment.

Such large-scale movements often lead to significant price fluctuations, with traders urged to remain vigilant.

Despite caution from derivatives traders, technical indicators continue to show bearish signals, suggesting further downward pressure on Solana's price.

Beware of Solana price movement!!

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