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Solana has the nastiest market structure of BTC / ETH / SOL. Someone sold $10m+ on Coinbase in less than 3 minutes on our most recent dive. The saving grace for the manlets is that Solana doesn't have the same buyer profile as most coins. @VeloData https://t.co/l2pjVvx2vn
Solana has the nastiest market structure of BTC / ETH / SOL. Someone sold $10m+ on Coinbase in less than 3 minutes on our most recent dive. The saving grace for the manlets is that Solana doesn't have the same buyer profile as most coins. https://t.co/jQc1vRUhft
Solana sell off has been brutal https://t.co/sHEh2UtlRQ
Recent discussions on Twitter highlight a tumultuous period for Solana (SOL), with users noting its significant underperformance compared to Bitcoin (BTC) and Ethereum (ETH). The cryptocurrency has faced a brutal sell-off, with one notable transaction involving the sale of over $10m+ worth of Solana on Coinbase in less than three minutes. This has led to varied opinions among users, with some predicting a recovery that will see Solana's value 'zoom past' its all-time highs (ATHs), while others express skepticism, pointing to its current market structure as particularly volatile compared to BTC and ETH.
