$SOL Hits Four-Week Low as ETF Outflows Persist
What happened?
SOL is down 22.9% over 28 days and sits near $83.7, with Solana ETF trackers showing fresh withdrawals on Nov 6 and Nov 9.
Why does it matter?
Derivatives volume jumped 65% while spot trading shrank, a leverage-heavy tape that tends to amplify drops.
What's next?
Bearish: expect SOL to test $81.3 (weekly low) while it stays under $85.8. Not financial advice. DYOR.
$SOL
What happened?
SOL is down 22.9% over 28 days and sits near $83.7, with Solana ETF trackers showing fresh withdrawals on Nov 6 and Nov 9.
Why does it matter?
Derivatives volume jumped 65% while spot trading shrank, a leverage-heavy tape that tends to amplify drops.
What's next?
Bearish: expect SOL to test $81.3 (weekly low) while it stays under $85.8. Not financial advice. DYOR.
$SOL
