Solana Price Under Pressure as Whale Dumps $31M: Here’s What Comes Next

05-Jun-2026 CoinPedia
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The post Solana Price Under Pressure as Whale Dumps $31M: Here’s What Comes Next appeared first on Coinpedia Fintech News

Solana price has suddenly shifted from consolidation to breakdown mode. After weeks of holding above a key support zone, SOL price plunged below the critical $78–$80 range, triggering fresh bearish concerns across the market. The selloff arrives as a massive 455,784 SOL transfer worth nearly $31.9 million to Coinbase Prime reignited fears of institutional profit-taking, …

Also read: Circle Mints 500M USDC On Solana As Stablecoin Liquidity Expands
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