Solana Price Falls Below $100: Are Whale Sell-Offs Adding Pressure?

Solana price slips below the psychological $100 mark as selling pressure intensifies. Three potentially linked wallets moved 482,228 SOL worth $49.17 million over three days, with $17.3 million deposited to exchanges. SOL faces immediate support near $97–$98, while a breakdown could expose the $93–$96 zone. Solana price has fallen below the key $100 level, putting its near-term recovery at risk as large holders move millions of dollars worth of tokens. Over 482,228 SOL worth approx $49.17 million over three days already reaching exchanges, traders are watching whether whale activity could add further pressure to an already weakening price trend.

Source: Coinpedia