Glassnode data shows that the Net Unrealized Profit/Loss (NUPL) indicator for Solana ($SOL ) signals 'fear' among long-term holders. This indicates that many investors of this coin are currently experiencing unrealized losses.

Historically, such phases have often preceded accumulation periods and subsequent trend reversals. 🚀 Will SOL see a bounce soon? It's essential to monitor key support levels. 🔥

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