Solana’s $160 Plunge Looms As Whales Execute Strategic Portfolio Shift
Major holders are dumping SOL positions—triggering alarm bells across crypto markets.
The Whale Exodus
Blockchain analytics reveal substantial outflows from Solana wallets controlled by institutional players and high-net-worth individuals. These moves typically precede significant price corrections.
Technical Breakdown
SOL's chart structure shows weakening support at current levels. The $160 target represents a critical psychological and technical threshold that could trigger cascading liquidations if breached.
Market Mechanics
When whales reposition, retail often pays the price. Their coordinated exits create selling pressure that smaller investors can't absorb—classic crypto market dynamics where the big fish eat first and leave the crumbs.
Meanwhile, traditional finance continues watching from the sidelines, probably still trying to figure out how to short something that trades 24/7 while paying their analysts six figures to draw trend lines.
Solana Faces Renewed Selling Pressure From Large Holders
Solana’s bullish momentum is showing signs of exhaustion as analysts issue fresh warnings about a potential pullback in the SOL price. Despite a brief rebound from the $175 level, the latest Solana price prediction points toward a possible retest of $160 as large holders continue to take profits and reposition portfolios.
According to Solana news reports, recent on-chain data shows a steady reduction in whale accumulation, suggesting cautious sentiment among top investors. Technical indicators like the RSI and MACD have also flipped neutral. This just shows that the SOL price today may struggle to maintain its current trajectory without renewed buying pressure.
A breakdown below $175 could open the door to a deeper correction, with $160 emerging as a key support zone. Traders say this level aligns with Solana’s 200-day EMA and previous bounce area, making it crucial for short-term stability.
Institutional inflows into solana funds have slowed, with capital rotating into other high-utility assets. While there has been some weakness in the short term, analysts are confident that long-term fundamentals stand. This is particularly true in light of ecosystem growth and upcoming ETF decisions.
While investors remain patient, some are exploring alternatives like Remittix, a DeFi project gaining attention for its real-world payment applications.
Remittix Price Gains Momentum Despite Market Volatility
As traders brace for a possible correction in Solana price, many are turning their attention to Remittix (RTX), a project showing strength even as large holders reposition across the market.
Currently priced at $0.1166, Remittix continues to gain momentum with investors seeking real-world crypto utility rather than short-term speculation. Its PayFi technology allows users to convert over 100 cryptocurrencies into fiat instantly, removing hidden transfer fees and delays.
Why Remittix Is Standing Out:
- Seamless crypto-to-fiat payments across 40+ currencies
- Instant global transfers completed in under 30 minutes
- Secure payment API for businesses and freelancers
- Transparent blockchain ledger for cross-border trust
The Remittix referral program also adds a major incentive — users earn 15% in USDT for every new buyer they bring in, claimable every 24 hours via the dashboard. While SOL price prediction trends are cautious, RTX is proving that steady growth and practical use can still coexist in crypto.
https://remittix.io/
https://linktr.ee/remittix
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