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🟡Solana Price Forecast: Key Factors Behind the Recent $SOL Price Crash Solana Price Plunges Below $140: What’s Next? Solana (SOL) has been on a steep decline, plunging over 14% in the past 24 hours to trade at $138.38. The cryptocurrency has been losing ground for five consecutive weeks, falling more than 47% since its all-time high of $295 on January 19. As bearish momentum strengthens, investors are left wondering: Will SOL recover, or is there more downside ahead 🟡What’s Driving Solana’s Price Drop? Massive Sell-Offs and Whale Movements One of the main catalysts behind Solana’s price crash is the impending $2 billion token unlock, the largest in the network’s history. Market maker Wintermute recently withdrew $40 million in SOL from Binance, sparking fears of heightened selling pressure. Adding to the bearish sentiment, a Solana whale moved 5,056,172 SOL—worth approximately $757 million—to an unknown wallet. While some traders interpret this as a precursor to a large sell-off, others speculate it could signal strategic accumulation before a market breakout. 🟡Liquidations and Market Sentiment As per Coinglass data, Over the past 24 hours, Solana has seen $90.53 million in liquidations, with $83.18 million from long positions and $7.36 million from shorts. This wave of liquidations highlights the immense pressure on bullish traders and underscores the prevailing bearish sentiment. 🟡Solana Whales Reduce Holdings Amid Price Crash Glassnode data reveals that during Solana's recent price decline, around 135 major investors, each holding over 10,000 $SOL, have either sold off or redistributed their assets within the past month.