Solana Hits Breaking Point as Liquidations Surge, Long-Time Holders Exit

Solana is facing mounting selling pressure as long-term holders (LTHs) increase distribution, signaling fading confidence in the altcoin’s near-term outlook.   The surge in long liquidations across the SOL futures market has further dampened sentiment, discouraging buyers who would typically hold SOL for more than three months. These trends paint a challenging picture for the coin’s near-term recovery. Solana’s LTHs Ramp Up Distribution Data from Glassnode shows a steady rise in SOL’s Liveliness over the past few weeks source: https://beincrypto.com/sol-price-risk-drop-below-200/