Altcoins News
By Sakamoto Nashi
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$72 Million Transfer to Coinbase Signals Potential Selling Pressure. According to Whale Alert, a well-known tracker for significant blockchain transactions, the…
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Negative Sentiment Adds to the Bearish Outlook. In addition to the large transaction, Solana’s market sentiment is also turning negative, further…
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Solana’s Price Outlook: Could It Drop to $138?. As of now, Solana is trading at $145.84. If the selling pressure from both the whale's move and…
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A Potential Rally to $160?. Should the positive technical indicators prevail and buyers step in to defend key support levels,…
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Conclusion: Will Solana Continue to Struggle?. The transfer of 494,153 SOL to Coinbase by a major whale has raised concerns about the potential…
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A large Solana (SOL) whale moved 494,153 SOL, valued at approximately $72 million, to Coinbase Institutional, fueling fears of an impending sell-off.
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According to Whale Alert, a well-known tracker for significant blockchain transactions, the 494,153 SOL transfer took place on March 4, 2025.
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The influx of SOL into exchanges like Coinbase also suggests that the whale may be looking to take profits or reduce their exposure, which could have a cascading effect on the…
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When sentiment is negative, it can discourage new demand from entering the market, as traders may be more likely to sell rather than buy, fearing further losses.
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As of now, Solana is trading at $145.84. If the selling pressure from both the whale's move and the broader market sentiment continues, SOL could potentially drop to $138.
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However, not all signs are bearish for Solana. On the daily chart, technical indicators like the Parabolic SAR (Stop and Reverse) suggest that there is still bullish momentum in…
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The transfer of 494,153 SOL to Coinbase by a major whale has raised concerns about the potential for a sell-off, especially as negative sentiment begins to dominate the market.
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