"A significant Solana ($SOL) holder sold 96,155 SOL, realizing a $4.5 million profit. While profitable, this sale is notable because the SOL was acquired at an average price of $100 a year ago, and could have been sold for $250 recently. This suggests even large investors may be selling at lower prices due to market volatility.
The question now is whether the market will decline further. Bitcoin ($BTC) is approaching a key support level around $87,000. While a drop to $71,000 is possible, influenced by factors like political events, institutional activity suggests continued accumulation. Data indicates large purchases today, including 8,000 BTC and 40,600 ETH, alongside smaller altcoin acquisitions. The market's future direction remains uncertain, with a mix of selling and accumulation influencing price movements. What happens next depends on how these competing forces play out."
