The meme has been ruined! The main camp sol will inevitably face a Waterloo! Plus, a large number of unlocks every day for a long time... abandon the fantasy 💭
势在币赢
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Bullish
The number $SOL claims to be the Ethereum killer,
Why has it dropped so much today?
Is SOL failing?
On March 1st, 11.2 million SOL from the FTX bankruptcy auction will soon be unlocked,
Worth as much as $2.06 billion, accounting for 2.29% of the total circulating supply of SOL.
Previously, institutions like Galaxy, Pantera, and Figure,
Acquired a large amount of SOL at a low price,
Now holding massive unrealized gains,
Once they choose to sell, there will be huge selling pressure in the market.
It seems SOL is ultimately not a match for Ethereum!
$BNB $ETH
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