⚠️ Warning about the possible “Grayscale effect” on Solana in 2025 🚨
☝️ Analyst warns that Solana (SOL) could face significant price pressure in 2025 due to the unlocking of shares from Grayscale Trust.
The past "Grayscale Effect" on Bitcoin caused severe corrections; similar risks may arise for SOL, with key dates in January and July.
Investors should remain vigilant and consider hedging or diversifying before the possible volatility of these events. The “Grayscale Effect” is based on past experiences with the Grayscale Bitcoin Trust (GBTC).
When Grayscale unlocks its shares, investors typically sell them to capitalize on the premium — the difference between the net asset value (NAV) of the underlying asset (Bitcoin or Solana) and the share price.
🤯 Historically, this has led to an increase in selling pressure, sharp price drops, and, in some cases, turbulence across the market. Lilly pointed out that a similar scenario unfolded in 2021 with GBTC.
When the premium vanished, the Bitcoin market peaked before a severe correction occurred, contributing to the collapse of companies like 3AC, Celsius, and Voyager.
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