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.