Solana (SOL) is set for a major token unlock tomorrow, with 11.2M SOL (~$2B) entering circulation, about 2.4% of supply. This could trigger selling pressure, potentially pushing SOL to $90.
Wintermute withdrew $40M SOL from Binance, possibly preparing for volatility. SOL is currently trading at ~$137.97.
To navigate this:
Stay updated on news and Solana channels.
Assess your risk tolerance.
Diversify holdings to manage risk.
Use stop-loss orders to protect against sharp drops.
