SOL's over-the-counter (OTC) trading is about to unlock. The cost of this unlocking is about 100.
This situation is very likely to bring a certain degree of panic to the SOL market. Because a large number of chips unlocked may cause a sudden increase in supply in the market, thereby exerting downward pressure on prices.
Objectively speaking, institutions participating in OTC are well aware of the risks and opportunities of the market, and usually adopt hedging strategies to reduce potential losses. So from the perspective of capital, there are certain benefits to pulling up SOL
By raising the price to a high enough position, capital can take the opportunity to open short hedges, thereby harvesting funds in future market fluctuations. As far as the current situation is concerned, the SOL ecosystem is extremely active, and some even claim that its activity exceeds that of ETH.
But it should be clear that this activity is largely caused by the MEME effect. Under the influence of this effect, everyone fell into a crazy FOMO (emotion, and the demand for SOL rose sharply
In this process, most people ignored the potential rollback risk of SOL. Once this risk breaks out, it may cause investors incalculable losses.