Solana dropped to ~$143 today, down over 6% in 24h, shaking the bulls out of their comfort zone. Here's what triggered the flush 👇
📉 3 Key Reasons for the Drop
1. Whales Hit the Sell Button
Over 3 million SOL moved to CEXes in 72h 🚨 — including a massive 182k SOL spike yesterday. Heavy inflows = heavy pressure.
2. Pump.fun Concerns
Rumors of a $1B meme token launch on Pump.fun sparked fears of Solana network congestion + meme dilution. Traders front-ran potential chaos.
3. Market-Wide Profit-Taking
$BTC failed to reclaim $72K, triggering broader sell-offs. SOL followed the big boys down. Risk-off vibes everywhere.
$SOL still has one of the strongest user + dev ecosystems. This dip might be a gift 🎁 for patient scalpers or long-term believers — but only if $140 holds.
📊 Watching:
🔹 $140 support
🔹 Meme coin on-chain activity
🔹 Next whale moves
📌 Don’t chase blindly. Wait for strength + confirmation.
🔥 Are you buying the dip or shorting the bounce?
👇 Drop your strategy below!
#SOL #WhaleWatch