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Whale Trap? 11.8M of SOL disappear before the big collapse 🦑📉
The fight for the soul of Solana is on fire and the 11.8 million SOL that just "disappeared" from the exchanges are the fuel for this technical bonfire! 📉🔥
Hey, sit here with me because what is happening with Solana is one of those master moves that has us all glued to the screen. Imagine that in just 96 hours, more than 11.8 million SOL tokens vanished from the exchanges. That is an absurd amount of money that people decided to pull from the markets to keep in their cold wallets or send to staking. Normally, when the supply on the exchanges goes down, the price should go up because there is less to sell, but this is where things get tricky. 🐜
Hey, sit here with me because what is happening with Solana is one of those master moves that has us all glued to the screen. Imagine that in just 96 hours, more than 11.8 million SOL tokens vanished from the exchanges. That is an absurd amount of money that people decided to pull from the markets to keep in their cold wallets or send to staking. Normally, when the supply on the exchanges goes down, the price should go up because there is less to sell, but this is where things get tricky. 🐜
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