The public company buying SOL every week is buying less.
Weekly purchases plummeted from 101,381 SOL to just 26,202. This massive slowdown from a closely watched buyer coincides with nearly $1 billion in SOL long liquidations. The entire operation is funded by selling preferred stock that IPO'd at $8 and now struggles to hold $10.
The narrative: a steady institutional bid. The tape: a rapidly shrinking one. They claim unchanged conviction, but their purchasing power is clearly diminished.
Is this a structural buyer reloading, or is their exit liquidity drying up?
$SOL
More of these coming today. Follow to catch them as they land.
Weekly purchases plummeted from 101,381 SOL to just 26,202. This massive slowdown from a closely watched buyer coincides with nearly $1 billion in SOL long liquidations. The entire operation is funded by selling preferred stock that IPO'd at $8 and now struggles to hold $10.
The narrative: a steady institutional bid. The tape: a rapidly shrinking one. They claim unchanged conviction, but their purchasing power is clearly diminished.
Is this a structural buyer reloading, or is their exit liquidity drying up?
$SOL
More of these coming today. Follow to catch them as they land.