A significant drop in Solana’s price is anticipated after a crypto whale offloaded 246,064 SOL—worth 45.76 million USD—on Binance. This move raises concerns about a broader market sell-off. Key support levels are 174.5 USD and 220 USD. A potential price drop to 156 USD looms if current trends continue.

Recent data reveals 61 million USD worth of SOL left exchanges, signaling potential sell pressure. Analysis indicates a need for traders to monitor key price levels. Over-leveraged traders face liquidation at 182.1 USD and 193.2 USD levels. A critical focus remains on market sentiment and price stability.