🚨 $SOL SHOCKING WITHDRAWALS: BINANCE REOPENS AND SOL STILL SLIPS
Binance reopened withdrawals in phases today after the $6.3 billion hack, and listed SOL among the balances that are 100% backed. To me, the fact that the network is back with full backing while the price keeps sliding shows that confidence has yet to fully return: the market prices in the scare before the announcement.
Look at the detail nobody is noticing:
→ The phased reopening began today with BTC first and SOL among the assets that are 100% backed, while $4.649 billion had already been withdrawn between 06:00 and 15:30 UTC.
→ SOL is down 1.9% with $720M in volume, while AVAX is up 0.8% and ADA is down just 0.8% among L1s: SOL is the one slipping, not the sector.
→ Entry $94.00–$94.32, SL $94.52, TP1 $93.30 (-0.9%) → TP2 $92.92 (-1.3%).
Do you see SOL losing $92.92 or holding at $94? 👇
$SOL $AVAX ADA
#Solana #Retiros #Trading
Binance reopened withdrawals in phases today after the $6.3 billion hack, and listed SOL among the balances that are 100% backed. To me, the fact that the network is back with full backing while the price keeps sliding shows that confidence has yet to fully return: the market prices in the scare before the announcement.
Look at the detail nobody is noticing:
→ The phased reopening began today with BTC first and SOL among the assets that are 100% backed, while $4.649 billion had already been withdrawn between 06:00 and 15:30 UTC.
→ SOL is down 1.9% with $720M in volume, while AVAX is up 0.8% and ADA is down just 0.8% among L1s: SOL is the one slipping, not the sector.
→ Entry $94.00–$94.32, SL $94.52, TP1 $93.30 (-0.9%) → TP2 $92.92 (-1.3%).
Do you see SOL losing $92.92 or holding at $94? 👇
$SOL $AVAX ADA
#Solana #Retiros #Trading
