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A few months ago, the native token of the Solana blockchain SOL reached record values, but recently fell below the $200 level. Over the week, the altcoin lost about 14%, over the month, the token fell in price by 20%. This bearish pressure was facilitated by a crypto whale, which transferred a significant 245,922 SOL to the Binance exchange.

Analysts at the Lookonchain platform found out that a wealthy user canceled the staking of 245,922 SOL for the transaction. This can only mean one thing - in the future, he plans to sell, which can force SOL to fall below the current price of $185.