On chain data just exposed a brutal truth as a series of whale wallets and large institutions accepted selling $SOL at a loss to exit positions amidst price sliding to the $133 zone
š¹ Most notably Fireblocks Custody wallet transferred over 13,000 SOL to large floor accepting a realized loss of up to $15.2 million after liquidating 76% of its holdings
šø Another wallet also just transferred 33,500 SOL worth $4.600.000 to Binance suffering a loss of over $600.000. This simultaneous sell off creates huge supply pressure weighing on price recovery efforts
š¹ While whales are dumping the Solana ecosystem welcomes good news from the RWA sector as Plume Network and Figure announced integrating billion dollar real world asset funds promising new long-term capital
šø The futures market is deeply divided as positive short-term Funding Rates show retail trying to buy the dip but long term contracts are discounted signaling lack of big money confidence in 2026 prospect
Which side will you choose, bottom fishing on RWA news or panic selling following whale footprint?
This article is for reference only, this is not investment advice. Please read and consider carefully before making a decision.