In recent days, the Solana (left) market has been observed to be remarkable. High demand, sudden price increases and decreases attract the attention of investors, while the large transfers made by large investors create uncertainty. In particular, On-Chain data indicates that the pressure on the market may increase. These developments cause investors to review their strategies.
Large transfers wave the market
The left transfer of $ 516 million in the Solana network attracted attention. This move of major investors had a direct impact on price mobility. On-Chain data did not give a clear signal as to whether investors constitute a foot purchase or sales pressure, but it caused concern in the market.
It was also reported that a Wheeled by purchasing a $ 14 million left and stacted tokens. At the same time, it was seen that some major investors left the market to make profits. This may increase liquidity and volatility in the Solana market.
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The launch of 1 billion SOL within the scope of the bankruptcy process of FTX is also on the agenda. While this supply will affect the market, investors closely follow large transfers and sales pressure.
Price levels and market expectations
The left price is stuck between critical support and resistance levels. The left, which has recently recorded a 15 %rise in recent days, has approached the $ 100 level seen as a psychological limit. Investors wonder if this level can be protected.
According to technical analysis, the support levels for the left are critical for short -term investors. If the sales pressure increases, the price may be possible to enter the downward trend. However, the high open position value and increasing transaction volume in the market may support investor confidence.
Lock opening and whale movements continue to show their effects on the price. Solana investors closely follow these data and shape their strategies.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
