Whale accepts a $1.7 million $SOL loss when selling her holdings on Binance.

SOLUSDT

Perp

136.17

+1.80%

On chain data just recorded a decisive sell off as the whale wallet 25ukAt unexpectedly transferred 14,844 SOL tokens worth $1.92 million to Binance for immediate liquidity.

🔹 The whale disregarded a $1.72 million loss and wanted to exit at all costs amidst the SOL price plummeting from $143 to around $120.

🔸This aggressive sell off, despite heavy losses, is a warning sign of the underlying selling pressure that is still weighing heavily on the market.

Do you assess this action as temporary panic or a wise decision to preserve remaining capital?

This article is for reference only, this is not investment advice. Please read and consider carefully before making a decision.