Solana Tanks 5% Overnight—Whale Dump or Just Another Crypto Tuesday?
Solana got rug-pulled by its own moonboys last night as a midnight sell-off sliced 5% off its value. Was it institutional flight, or just traders panic-selling before their margaritas arrived?
Here’s the damage: SOL bled out faster than a DeFi protocol with unaudited code. The usual suspects—overleveraged degens, skittish funds—are all playing musical chairs. Meanwhile, Bitcoin barely flinched. Classic crypto divergence.
Pro tip: When ’institutional exit’ makes headlines, check if the ’institution’ was just a VC fund rebalancing its coffee budget. Markets move fast—Solana’s next pump might start before Wall Street’s algos finish their morning coffee.