Whale's $19.3M SOL Sell Orders Spark Market Concern
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A prominent whale has undelegated $19.3 million in SOL (Solana) and placed multiple limit sell orders, raising concerns about the potential impact on SOL's price. Binance CEO cz is engaging with the community on Twitter to address concerns. This news coincides with rumors about changes in cryptocurrency regulations, including potential cancellation of the capital gains tax. Additionally, a new cryptocurrency, Wen's Coin, has gained traction amid a feud between US and Ukrainian presidents, reaching a market cap of $35 million. The DeFi sector is also exploring new value distribution methods, including the aave buyback proposal.
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