{"id":28952,"date":"2025-07-01T04:42:09","date_gmt":"2025-07-01T04:42:09","guid":{"rendered":"https:\/\/www.europesays.com\/us\/28952\/"},"modified":"2025-07-01T04:42:09","modified_gmt":"2025-07-01T04:42:09","slug":"solana-whale-sells-240k-tokens-worth-35-million","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/28952\/","title":{"rendered":"Solana whale sells 240k tokens worth $35 million"},"content":{"rendered":"<p>\u00a0<\/p>\n<ul>\n<li>Solana whale sold 240k tokens worth $35 million.<\/li>\n<li>Retail investors are accumulating, with Netflow dropping to -$19.69 million.<\/li>\n<\/ul>\n<p>After attempting a breakout, <a href=\"https:\/\/ambcrypto.com\/predictions\/solana-price-prediction\/\" target=\"_blank\" rel=\"noopener nofollow\" data-wpel-link=\"internal\">Solana [SOL]<\/a> faced a rejection around $154, retracing to a low of $149, at press time. This reflected intense downward pressure.<\/p>\n<p> As the altcoin continues to struggle on its price charts, whales, and institutions are becoming impatient.\u00a0<\/p>\n<p><strong>Are large entities dumping Solana?<\/strong><\/p>\n<p>According to <a href=\"https:\/\/x.com\/lookonchain\/status\/1939499468841435570\" target=\"_blank\" rel=\"noopener nofollow external noreferrer\" data-wpel-link=\"external\">Lookonchain<\/a>, a whale wallet unstaked 1 million SOL\u2014worth $139 million\u2014nine days ago. Since then, the whale has sold 240,000 SOL valued at $35 million.<\/p>\n<p>Such aggressive selling typically signals weakening market conviction. In this case, it suggests that whales are losing confidence in the altcoin\u2019s outlook.<\/p>\n<p><a href=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/07\/Solana-Spot-Average-Order-Size.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-506815\" class=\"wp-image-506815 size-full\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"Sol Spot Average order size\" width=\"2560\" height=\"1440\" data-lazy- data-lazy- data-lazy-src=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/07\/Solana-Spot-Average-Order-Size.png\"\/><\/a><\/p>\n<p id=\"caption-attachment-506815\" class=\"wp-caption-text\">Source: CryptoQuant<\/p>\n<p>That said, whales are not only selling, but also taking a step back in the market. When we examine Solana\u2019s Spot Average Order Size, it seems whales have totally disappeared.\u00a0<\/p>\n<p>With existing whales selling, alongside disappearing big whale orders, it indicates that large entities are increasingly bearish.\u00a0<\/p>\n<p><strong>Retail is feeling different, though\u00a0<\/strong><\/p>\n<p>Interestingly, while Solana whales are selling, small-scale traders are taking the accumulation path. Solana\u2019s Netflow declined to negative territory after two consecutive days of positive netflow.\u00a0<\/p>\n<p><a href=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/07\/solana-netflow-1.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-506813\" class=\"wp-image-506813 size-full\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"Solana Netflow\" width=\"1852\" height=\"525\" data-lazy- data-lazy- data-lazy-src=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/07\/solana-netflow-1.png\"\/><\/a><\/p>\n<p id=\"caption-attachment-506813\" class=\"wp-caption-text\">Source: CoinGlass<\/p>\n<p>According to CoinGlass data, Solana\u2019s Spot Netflow has dropped to -19.69 million at press time. When Netflow drops to negative, it typically indicates accumulation and declining sell-side risk.\u00a0<\/p>\n<p>This kind of market behavior has historically preceded upward continuation, especially when markets are on the verge of a potential trend shift.\u00a0<\/p>\n<p><a href=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/07\/Solana-perps.jpeg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-506812\" class=\"wp-image-506812 size-full\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"Sol Perps volume\" width=\"1011\" height=\"601\" data-lazy- data-lazy- data-lazy-src=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/07\/Solana-perps.jpeg\"\/><\/a><\/p>\n<p id=\"caption-attachment-506812\" class=\"wp-caption-text\">Source: Defillama<\/p>\n<p>Beyond exchange activity, Futures markets are picking up steam again.<\/p>\n<p>After a four-day decline, Perpetual Futures Volume has rebounded to $484 million at the time of writing.<\/p>\n<p>A spike in Perpetual Volume typically indicates growing speculative interest, with traders opening leveraged long or short positions. This surge suggests a rise in short-term trading activity and heightened market engagement.<\/p>\n<p><strong>Should you worry? <\/strong><\/p>\n<p>According to AMBCrypto, while some whales are selling, there\u2019s no strong evidence of widespread institutional or large-scale whale dumping in SOL at the moment.<\/p>\n<p>This selling appears to be part of a broader trend of rotation and profit-taking, rather than panic exits. In fact, many whales seem to be adopting a wait-and-see approach.<\/p>\n<p>Recent price retracements are likely just healthy market corrections, and overall sentiment remains bullish. As a result, Solana is expected to recover.<\/p>\n<p>If retail investors continue to accumulate, SOL could reclaim $154 and aim for $159.\u00a0<\/p>\n<p>However, if retail sentiment shifts, and they begin selling as well, the price could drop below the $149 support level, potentially leading to a further decline toward $140.<\/p>\n<p>\u00a0<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\tNext: <a href=\"https:\/\/ambcrypto.com\/identifying-cardanos-next-short-term-target-as-bulls-seek-reversal\/\" rel=\"prev nofollow noopener\" data-wpel-link=\"internal\" target=\"_blank\">Identifying Cardano\u2019s next short-term target as bulls seek reversal<\/a>\t\t\t\t\t\t\t\t\t\t<\/p>\n","protected":false},"excerpt":{"rendered":"\u00a0 Solana whale sold 240k tokens worth $35 million. Retail investors are accumulating, with Netflow dropping to -$19.69&hellip;\n","protected":false},"author":3,"featured_media":28953,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[3244,64,67,132,68],"class_list":{"0":"post-28952","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-ambcrypto","9":"tag-business","10":"tag-united-states","11":"tag-unitedstates","12":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/114776148829492525","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/28952","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=28952"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/28952\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/28953"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=28952"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=28952"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=28952"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}