Solana price crashed as whales trigger significant sell-off
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.
The global crypto market cap has experienced a 5.07% decrease over the last day, now standing at $2.13 trillion. This market-wide crash has been predominantly led by The SOL price has not been immune to the market downturn. Currently trading at $135.01, SOL has seen a decline of 7.8% in the past 24 hours. The sudden influx of SOL to Coinbase, likely for liquidation, has added to the bearish sentiment surrounding the asset.
Today's movements show the influence of whale activity on the market. The transfer of over $180 million in Solana to Coinbase is a noteworthy event, and the next few days will be crucial in determining the near-term trajectory of the SOL price and the broader crypto market.With over three years of immersive experience in the crypto industry, Mushumir is a seasoned crypto writer dedicated to unraveling the complexities of blockchain technology and decentralized finance.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
‘The Acolyte’ Review: $180 Million Star Wars Prequel Is Waste of TimeNot even the offensively colossal budget for the hotly anticipated series makes up for a tepid story and bland surprises. This franchise is running on fumes.
Read more »
The Fall Guy's Latest Box Office Shows Staying PowerThe Fall Guy's $180 million box office is still climbing.
Read more »
Best Buy dropped the price of this air fryer from $180 to $80Best Buy has a fantastic deal on a dual basket air fryer from Bella Pro with the price dropping to a fantastic $80 right now.
Read more »
Roomba Essential robot vacuums are on sale for as low as $180 right nowLawrence is a contributing reporter at Engadget, specializing in our AI overlords, musical doodads and, of course, garden variety gaming and tech. To that end, Lawrence once lost badly in multiplayer Mario to Nintendo’s own Shigeru Miyamoto, who laughed gleefully as he threw him down a pit.
Read more »
The Beats Studio Pro are down to $180, nearly matching their all-time lowThe Beats Studio Pro are nearly matching their all-time low. You can also get a 32-inch Amazon Fire TV under $100 and save $350 on the foldable Motorola Razr Plus.
Read more »
The Viral Opal Nugget Ice Maker Is Back in Stock and On Sale for $180 OffThe TikTok viral GE Profile Opal Nugget Ice Maker is available to buy online for 31% off and you can see where to find the appliance on sale here.
Read more »