Solana faces the "most important" selling wall due to whale sell-off concerns

Solana (SOL) faces a key resistance of $239, with a whale shifting $23.6 million worth of SOL to OKX, raising concerns about a recent sell-off. Nevertheless, institutional support remains strong – Pantera Capital and FalconX continue to invest, with the former holding a $1.1 billion position. SOL trading at about $236, up 30% monthly; after breaking through $240, the target price may reach $250; after falling below $230, the target price may drop to $217-200.