@fengjianchen

$SOL's crisis is not the huge unlocking, but the liquidity problem On March 1, FTX's 11.2 million SOL was a bankruptcy auction, so the holders must be institutions or exchanges. They are not stupid enough to smash it all at once (borrowing coins to sell in advance, shorting hedging can be done) Another point, the so-called huge unlocking of SOL is a false proposition. I wrote in the previous tweet that the original token of SOL was only 8 million, and it has been increased to 600 million. Just look at Figure 1 to know what huge unlocking is

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