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Will Solana Price Crash? Institution Dumps $19.5M of SOL Coinpedia 4 weeks ago

Will Solana Price Crash? Institution Dumps $19.5M of SOL 📉

Market sentiment indicates that Solana's (SOL) price might plummet to $80. On August 31, 2024, Lookonchain revealed that a Crypto Whale or Institution sold 139,532 SOL worth $19.5 million to Binance, suffering a $5.5 million loss.

This significant sell-off by a major player could trigger further downward pressure on Solana's price, exacerbating market concerns.

Source: coinpedia.org ↗

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