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Whale Deposits Rise 🌊 – SOL Faces Growing Sell-Off Risk So

koinmilyoner

Updated at: 2 hours ago

{"content":"Whale Deposits Rise 🌊 – SOL Faces Growing Sell-Off Risk Solana (SOL) investors are seeing growing volatility as whale behavior indicates fatal market selling pressure. Whale deposits into centralized exchanges suggest markets may face headwinds after a robust surge over $250 in September. A startling 312,233 SOL tokens were placed into Coinbase yesterday, raising suspicions that whales may be planning large profits. Rising Solana Whale Deposits Indicate Selling Pressure Whale Alert reported one of the biggest Solana transfers in recent weeks, with 312,233 SOL worth $75.1 million transferred from an unknown wallet. Whale Alert has detected another huge transaction of 227,928 SOL, worth $54.5 million, into Coinbase the same day. These two Solana deposits total about $129 million that might be sold. Since major holders send tokens to exchanges to sell, such activities put tremendous downward pressure on the price. Strong demand drove Solana's September price surge, but these transfers heighten the possibility of oversupply, especially while the token stays above $224. Notably, Solana has battled whale-driven headwinds this month before. Over a week ago, blockchain analytics tool Lookonchain revealed whale dumpings into crypto exchanges. The wallet “CMJiHu” deposited 96,996 SOL ($17.45 million) into Coinbase, while “5PjMxa” sent 91,890 SOL to Kraken. Another wallet, “HiN7sS,” sent 37,658 SOL ($6.73 million) to Binance the same day, making $1.63 million. These previous transfers and the subsequent inflows indicate whales gradually lowering their exposure as market sentiment evolves. Crypto experts see Solana at a crossroads where strong fundamentals meet rising selling pressure and technical dangers. Market guru Tom Tucker says SOL has risen almost 150% in 2025, but its run is tiring. Expectations are not altogether gloomy. Tucker attributes SOL's long-term gain to expectations about a Solana ETF, the Alpenglow upgrade, and consistent treasury accumulation. #solana #MarketPullback #FedRateCut25bps $SOL ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025092025/09/22/d8b45352975241d8995936c7fd317596.png"],"tags":[],"tradingPairs":["SOL/USDT"],"quotearticleid":0}

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