Investors Unstake $500M in SOL as Bitcoin Surpasses $100K: Analyzing Market Trends and Reactions
Solana’s recent price action shows it has settled around $245, down 9% from its all-time high of $264 last week. Over the past week, investors have unstaked 2.2 million SOL, suggesting a trend of profit-taking among key stakeholders. This coincides with Bitcoin’s surge past $100,000, which typically boosts altcoin markets, including Solana. However, the buying ...