The Solana (SOL) whale caused a sharp drop in the price of an altcoin with its $5 million sale.
A Solana whale with its sales during the day Marinade Finance Solana liquid staking altcoin Marinade staked LEFT (MSOL) the price dumped. The whale holds from $5 million overvalued in MSOL price with sales to 20% dropped close.
According to CoinGecko data, market value $456 million 24-hour trading volume, although 15 million dollars MSOL, 82 dollars sharply from the levels for $66 declined.
Afterwards, the price recovered quickly and returned to its normal course, as at the time of writing. for $75.5 returned.
The network’s largest decentralized finance (DeFi) protocol, which recently leveraged the Solana ecosystem Marinade Finance (MNDE), Jito (JTO) huge airdrop has attracted great attention and 200% rise had lived.
MNDE, at the time of writing from $0.315 is being traded.