[In-depth analysis] SOL unlocking situation: Institutional "reluctant to sell" mentality and market undercurrents, golden opportunities may appear in panic

Dear colleagues in the currency circle, listen to me carefully! The SOL currency world is about to usher in a major change. From March 1, 11.2 million SOLs will be gradually unlocked due to the huge asset package left by the bankruptcy of FTX, with a total amount of about 2.1 billion US dollars! This unlocking process will continue until 2029, like a long journey of wealth release.

At present, the market volatility of SOL is worrying, the market is shrouded in panic, and the psychological defense line of $150 seems to be in jeopardy. VanEck experts pointed out that 97.5% of SOL is already in circulation on the market, and this unlocking only accounts for a small part of the total. However, those institutions that hoarded SOL at a low price when FTX locked up are now holding their chips like misers, expecting the value to double, and are reluctant to let go.

Looking at the Grayscale SOL Trust, although the scale of $125 million sounds quite spectacular, it is just a drop in the ocean of SOL's market value of hundreds of billions, and it is difficult to stir up waves.

The real test has not yet come. On-chain data reveals that the 42 million SOLs held by FTX will not be poured out at once, and the real peak of selling pressure will appear in 2025. At present, the whole network is focusing on the first unlocking on March 1. Perhaps there are wise funds secretly laying out, intending to find a good opportunity to buy at a low price in the panic of the market.

Observing the wallet dynamics of those big players, it is not difficult to find that in the price range of $150 to $160, buy orders are piled up. Once the trend line is broken, this may become a hidden gold pit, with opportunities and risks coexisting, which is exciting!

Therefore, in the face of the ever-changing situation of SOL unlocking, we should remain calm and rational. The truth is often more complicated than the appearance, and opportunities are often hidden in crises. Let us look forward to what new look the cryptocurrency world will have after the storm!

This statement aims to explore the mysteries and opportunities of the cryptocurrency world with you in a more professional and emotionally profound way. May we move forward hand in hand and find our own light of wealth in the turbulent market!