Whales Dump Millions In Solana Ahead Of Record Single-Day Unstaking — SOL Dips
Posted On April 4, 2025
Large Solana (CRYPTO: SOL) holders sold out millions worth of the cryptocurrency Thursday ahead of the expected supply shock caused by the unstaking of SOL tokens.
What Happened: Four whales unstaked and dumped a total of $46.3 million worth of SOL, according to on-chain tracking platform Lookonchain. Typically, when whales sell, it can signal a potential shift in market sentiment from bullish to bearish.
About The Author
