List of Flash News about Solana selling pressure
Time | Details |
---|---|
2025-04-11 23:54 |
SOL Faces Ongoing Selling Pressure from FTX/Alameda and Pump: Impact on Trading
According to @EmberCN, Solana (SOL) has been under consistent selling pressure from two major entities. Since November 2023, FTX/Alameda has sold 8.031 million SOL, valued at $1.03 billion, at a monthly frequency, typically around the 10th, with each sale involving approximately 180,000 SOL. Additionally, since early 2024, Pump has sold 3.403 million SOL, worth $629 million, at a frequency of 1-2 times per month. These activities are significant for traders as they can affect SOL's market liquidity and price volatility. |