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Today, Solana experienced a historic selling pressure for (SOL). Many whales put their staked SOLs up for sale.
Today, an important development occurred and Solana (SOL) investors observed the largest single-day stake resolution expected by 2028. According to Arkham data, the HUJBzd address initiated a significant wave of selling by removing approximately 379,700 SOL (44.47 million dollars) from stake.
As a result of this large amount of SOL sales, there was a serious selling pressure in the market. Other significant whales also took action, selling substantial amounts of SOL. It was reported that HUJBzd sold 258,646 SOL for (30.3 million dollars), and BnwZvG put 80,000 SOL on sale for (9.47 million dollars). The addresses 8rWuQ5 and 2UhUo1 also released 30,000 SOL and 25,501 SOL respectively, totaling 3.53 million dollars and 3 million dollars( into the market.
The unlocking of the staked coins of Solana is an important step not only for individual investors but also for large whales. The sale of such a large amount of coins by whales can lead to short-term fluctuations in the market. This situation may also affect the supply-demand balance of Solana in the long term.
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