Large $SOL Transfer to Staking Observed
On-chain data shows that a newly created wallet withdrew about 200,000 $SOL (around $17M) from exchanges and moved the tokens directly into staking.
When tokens are transferred from exchanges to staking, they are typically locked in validator participation, which temporarily reduces the amount of circulating supply available for trading.
Market observers are also watching several price areas:
Demand zone: $84–$86
Resistance range: $90–$100