Solana (SOL) Price Predicted To Plunge Amid Whale Selloffs

The crypto market has been abuzz with the news of a large Solana (SOL) whale transfer, with many speculating how it could affect the token's price

Major Solana (SOL) whale movements have attracted attention in the crypto market, sparking speculation about their impact on the token’s price and market performance.

Meanwhile, Near Protocol (NEAR) has also experienced significant selloffs, contributing to its bearish trend.

In contrast, DTX Exchange (DTX) is making waves with its presale, offering investors a chance at substantial gains. Read on for the full details.

Solana (SOL) Price May Drop Amid Whale Selloffs

According to Lookonchain, a Solana (SOL) whale made recent withdrawal transactions of 7,500 SOL, 12,500 SOL, and several transfers of 10,000 SOL.

On average, the whale sold 19,306 SOL last week, equating to around $2.76 million.

However, the whale has consistently liquidated its holdings, selling up to 695,000 SOL, or $99.5 million, since January 2024, and currently holds 1.88 million SOL tokens, valued at $255.89 million.

Solana (SOL) has experienced a price decline, evident in the monthly candlestick patterns showing a drop of 6.46%.

At the time of writing, Solana’s (SOL) MACD indicates selling pressure, and analysts predict a possible decline to $110.

Near Protocol (NEAR) Price Continues To Drop

Over the last six months, Near Protocol (NEAR) has faced bearish trends. Its price has fallen drastically, showing a loss of 81% from its all-time high.

Following the broader market downturn last week, Near Protocol’s (NEAR) price fell over 16%.

Due to this bearish trend, investors in Near Protocol (NEAR) with large holdings have begun selling off their NEAR tokens, sparking fear among average investors—the Fear and Greed index indicated fear at 26.

Investors are still selling, causing the token’s price to decline as evidenced by the selloffs, which also led to a decrease in Near Protocol’s (NEAR) trading volume by over 15%.

According to analysts, Near Protocol (NEAR) may not surge up to $4 before the year ends.

DTX Exchange Attracts Investors With Premier Presale

As Solana (SOL) and Near Protocol (NEAR) continue to experience selloffs, DTX Exchange (DTX) has seen a massive influx of investors taking advantage of its premier presale.

Investors are positioning themselves to benefit from the 800% potential price surge from its current stage 3 presale price of $0.06, as predicted by expert analysts.

These analysts speculate that DTX Exchange will outperform many top altcoins upon its launch because the token is already disrupting the crypto market with the momentum of its presale, which has rapidly transitioned from the private seed round to its current stage, raising over $2 million in each round.

Although the entry price is very affordable and DTX Exchange offers new investors a sign up bonus of 25% when they join using the “DTX25” code, investors are still rewarded with access to various premium features on the platform.

These features include high leverage up to 1000x, reduced trading fees and access to seamless anonymous trading across crypto and CFDs.

Key Takeaways

Solana (SOL) has recorded massive whale liquidations alongside Near Protocol (NEAR), while they face downturns, DTX Exchange attracts investors with its premier presale.

Learn more:

Visit DTX Presale

Read Whitepaper

Join The DTX Community

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