Key Takeaways
A single Solana whale unstaked over 1.8 million SOL tokens, valued at $163 million, introducing significant potential selling pressure into the market. The action has stalled Solana's recent price momentum, with the token stabilizing around the $90 level as traders weigh the impact of the increased liquid supply.
- A single whale unstaked 1.82 million SOL tokens on March 21, valued at approximately $163.86 million at the time of the transaction.
- The large unlock increases Solana's circulating supply, which could create significant downward pressure on the token's price.
- The event occurred as SOL's price cooled from a recent high of $97, with the token now consolidating around the $90.16 mark.
