đš 11.2M SOL Unlock: Market Crash or Overblown Fear?
On March 1, 2025, 11.2 million SOL (worth around $2.06 billion) will be unlocked from staking. These tokens were previously tied to FTXâs bankruptcy estate, raising concerns about a potential market crash. But is the fear justified?
The Facts Behind the Unlock:
âą The tokens exist, but the panic may be exaggerated. Back in 2024, 41M SOL were already sold by FTX liquidators to institutional investors like Galaxy Digital, Pantera Capital, and Figure.
âą Large holders control the flow. These firms acquired SOL at prices between $64â$102, meaning theyâre already in profit. Whether they sell or hold will determine the impact.
What Could Happen?
đč Low Impact: Investors hold onto their SOL, expecting further price appreciation.
đč Temporary Dip: Some sell for profit, causing short-term volatility before stabilization.
đč Sell-Off: Large-scale liquidation pressures the market, leading to a price drop.
If major holders remain confident, the ecosystem stays strong. A sell-off, however, could shake investor trust. Either way, March 1 will be a key test for $SOL resilience.
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