The Price Of Solana Rebounds Above $200 After A Massive Sell-off Of SOL
18h11 ▪
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The price of Solana (SOL) is showing a spectacular recovery of 10% following a significant transaction of 55 million dollars made by the Pump.fun platform to the Kraken exchange. This rebound occurs in a context of high volatility for the cryptocurrency.
A massive sale that triggers an unexpected rebound
On January 1st at 5 PM UTC, Pump.fun made a double transfer of SOL to Kraken totaling 55 million dollars. A first payment of 22.8 million dollars was made at 4:37 PM UTC, followed by a second of 32.7 million dollars at 5:45 PM UTC.
Contrary to expectations, this…
