Post
What nobody tells you: The NUPL indicator has just sentenced Solana to death. ☢️🔱
When the "diamond hands" of Solana start letting go of their bags after three years of holding on like warriors, it's time for us to sit down and analyze what is really happening on the board. 📉 The network that many considered indestructible is experiencing a moment of maximum tension: the price is dangerously flirting with $80 dollars and, for the first time in a long time, those who swore never to sell are throwing in the towel.
To understand the gravity of the situation, family: only 15% of the total supply of SOL is currently in profits. 😱 We haven't seen such a low profitability level since November 2022. Basically, almost everyone who has Solana today is seeing red numbers in their portfolio. Normally, when nobody is making money, people stop selling because they don't want to accept the loss, but something different and more serious is happening here.
To understand the gravity of the situation, family: only 15% of the total supply of SOL is currently in profits. 😱 We haven't seen such a low profitability level since November 2022. Basically, almost everyone who has Solana today is seeing red numbers in their portfolio. Normally, when nobody is making money, people stop selling because they don't want to accept the loss, but something different and more serious is happening here.
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SOL
85.06
+10.22%
XRP
1.4139
+4.60%
SUI
0.9783
+7.65%