$SOL
Binance has strongly denied reports of massive sales of Solana following recent rumors, stating that it only facilitates trading pairs, it does not sell its holdings.
After a volatility episode, its spokesperson emphasized that they have not liquidated large amounts of SOL.
The correction also coincided with a massive unlocking of FTX tokens scheduled for March 1, which raised concerns in the community.
On the other hand, Solana is recovering approximately 4% today, supported by macro signals — such as tariff reductions in the U.S. — that boost the appetite for risk assets.
In summary: Binance denies having sold SOL, while external and technical factors drive price stability.