๐Ÿšจ Why is Solana (SOL) Suddenly Dumping? ๐Ÿšจ

Many traders are puzzled by Solanaโ€™s (SOL) sudden dip, but the key reason lies in FTXโ€™s massive repayment plan.

FTX is set to repay $16 billion to creditors. While some see this as liquidity returning to the market, the reality is quite different. A significant portionโ€”over $2 billionโ€”will be issued in Solana (SOL), creating heavy selling pressure.

๐Ÿ“‰ What Does This Mean?

๐Ÿ”น Increased SOL Supply โ€“ More tokens entering the market = more selling pressure.

๐Ÿ”น Market Cap Impact โ€“ A surge in supply with stable demand leads to short-term price decline.

While liquidity is moving, this SOL dump is more about excess supply than fresh money flowing in. ๐Ÿ“Š Stay patientโ€”this is just a short-term effect! โณ๐Ÿš€