๐จ $SOL FACES $834M SUPPLY OVERHANG AS PUMP.FUN OFFLOADS ANOTHER 132K TOKENS! ๐
Pump.fun has executed another major treasury movement, liquidating 132,935 $SOL valued at roughly $13.75M. This brings their cumulative distribution footprint to a staggering 5.11M $SOL sold for over $834M, averaging near $163 per token.
While systematic profit-taking is standard operations for high-velocity fee engines, continuous offloading of this scale builds a heavy structural supply overhang. ๐ Order book depth and institutional bid absorption will determine whether buyers can hold key demand zones against this persistent sell pressure. ๐
๐ค Do you expect market liquidity to absorb this distribution smoothly, or will this continuous supply push $SOL toward deeper discount pools? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #SOL #Solana #OnChain #Crypto
๐ฆ ๐๏ธ
Pump.fun has executed another major treasury movement, liquidating 132,935 $SOL valued at roughly $13.75M. This brings their cumulative distribution footprint to a staggering 5.11M $SOL sold for over $834M, averaging near $163 per token.
While systematic profit-taking is standard operations for high-velocity fee engines, continuous offloading of this scale builds a heavy structural supply overhang. ๐ Order book depth and institutional bid absorption will determine whether buyers can hold key demand zones against this persistent sell pressure. ๐
๐ค Do you expect market liquidity to absorb this distribution smoothly, or will this continuous supply push $SOL toward deeper discount pools? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #SOL #Solana #OnChain #Crypto
๐ฆ ๐๏ธ
