The price of Solana has experienced a significant decline, losing its crucial support level of $200, which has raised concerns among investors and analysts alike. As market sentiment turns bearish, traders and market participants are now closely watching for a potential drop to $145. This shift in the market dynamics is further exacerbated by a notable increase in exchange inflows, indicating that more investors are transferring their Solana holdings to exchanges, possibly in anticipation of further declines or to take advantage of short-selling opportunities.
source: https://blocknews.com/solana-price-loses-200-grip-bears-eye-145-as-exchange-inflows-spike/