Analysis: There are very few Tied Up chips above SOL, and the Whale is not in a hurry to take profits and exit.

On September 12, on-chain data analyst Murphy stated that the chip structure of SOL shows that the upper trapped chips are almost gone, and the cost at which market makers entered during the last pullback was roughly between 144 and 165 dollars, with currently about 40%-50% of unrealized profits. Previously, the market makers bought so vigorously, and currently, their expected targets should not have been reached. During the recent rebound in SOL prices, the profit realization scale of SOL whales was not large, far smaller than during previous high points. If the profit chips below remain in no hurry to cash out, the resistance for SOL to pump is not significant. This analysis is for learning and communication purposes only and should not be considered investment advice.