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$192,000,000 Solana (SOL) Whale Just Sold
A significant whale transaction has been recorded in the Solana (SOL) market, with a staggering $192 million sell-off. This massive sell-off is likely to have a substantial impact on the market sentiment and could potentially influence the price of SOL.
The recent move by this whale has raised concerns about the short-term prospects for SOL, as its fundamental strength may not be enough to overcome the bearish technical configuration and whale behavior. The RSI (Relative Strength Index) remains in the oversold territory below 30, indicating that SOL is still vulnerable to further losses.
Solana’s recent price action has been largely driven by market sentiment rather than its underlying fundamentals.
Source: https://u.today/192000000-solana-sol-whale-just-sold
