Recently, a 23 million left -handed address connected to Alameda Research and distribute these funds to 37 different addresses increased the sales pressure in the Solana market. A total of 178.82 million floods of the distributed addresses raises the risk of deterioration of supply-demand balance. On the other hand, Solana’s signal of “death intersection içinde for the third time in technical indicators opened the possibility of a harsh fell in the price again. The imbalance in March with the 1 billion left drawing of large investors in March feeds concerns that similar scenarios can be repeated.
Alameda Research’s left shoot and distribution
The fact that an address of Alameda Research attracted 23 million left with Unstaking (withdrawing from Stinging) turned their attention to Solana in the crypto currency market. The funds were distributed to 37 separate wallets and at these addresses, a total of 178.82 million left was confirmed with on-achain data. Such large -scale distributions have usually caused uneasiness among investors, as it can often lead to short -term sales pressure.
The high amount of left of the relevant addresses after the distribution brings to mind the possibility of putting these funds on the market. A similar scenario increases concerns, especially when prices decreased after the 1 billion left -legged in March. Experts say that Alameda’s past portfolio management strategies can trigger this mobility.
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Risk signals in technical indicators
Solana’s price chart 50 -day moving average of the 200 -day average of the “death intersection” signal, emerged for the third time. This technique indicated for the first time in history, in 2022, led to the Sol to depreciate more than 60 %. The re -activation of the same signal indicates that investors should be cautious.
SOL’s current price level, around $ 126.53, increases the perception of risk when combined with the decrease in transaction volume. Technical analysts predict that a possible decline can test 100 dollars by reference to the past performance of the death intersection signal. In addition, the increase in left transfers directed to the stock exchanges prepares the ground for comments that sales can accelerate.
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.
