Why is the $SOL crash unrelated to "retail panic"?
Everyone is making a fuss, but this isn't retail panic. Let's look at the data.
Institutional investors are pulling out. The Solana ETF saw a $2.2 million outflow, and its trust is currently trading at a 12% discount. They didn't buy on the dip. The silver crash also triggered $770 million in cryptocurrency liquidations, forcing a market sell-off.
Breaking below the $120 support level is a key signal. The charts were already showing signs of weakness before the price drop. According to technical analysis, the next reasonable target is around $110. This is a structural decline, not panic.
Do you think these ETF outflows are a real warning sign, or just short-term volatility?
{spot}(SOLUSDT)