Key Highlights:
– Solana will unlock 11.16 million SOL worth over $2 billion from the FTX estate, representing 2.2% of its circulating supply.
– Investors who bought these tokens at a discount may take profits, but some claim they will hold for much larger returns.
Paradisers! A major test for Solana looms on March 1, as 11.16 million SOL—worth over $2 billion—enters circulation as part of the FTX estate’s bankruptcy proceedings.
Given the sheer size of the unlock, traders are bracing for potential selling pressure, with many asking the golden question: Is this the perfect time to sell, or just another overhyped doomsday narrative?
According to MCP Private News, these SOL tokens were initially sold off at a discount by the FTX estate to investors who saw an opportunity to profit once they unlocked.
Some of these buyers, however, insist they won’t cash out until they see at least a 10x return on their investment—though history has taught us that human nature and easy money don’t always stick to the same script.
Matthew Sigel, VanEck’s head of digital assets, notes that the real test for Solana is whether these new investors will remain committed for the long haul. While some see this unlock as a potential liquidity dump, others argue it will finally put the FTX bankruptcy overhang behind Solana, allowing for long-term growth unshackled from past baggage.
SOL Price Faces a Critical Moment
At the time of writing, Solana is trading at $199.03, struggling to break past the critical $200 psychological resistance level. Over the last 30 days, SOL has dropped 2%, and it’s now 30% down from its recent high of $286.
With the massive unlock approaching, some investors may take the opportunity to derisk and lock in profits, increasing short-term selling pressure. However, if sentiment shifts or institutional demand absorbs the sell-off, the event could turn out to be just another shakeout before Solana’s next leg up.
MCP News FREE is Just the Surface—The Real Game Happens in VIP
The mainstream traders will panic over this unlock. The smart ones? They’re already positioned accordingly. That’s the difference between reacting to the news and trading the market before it happens.
Inside MCP News Private, we don’t just report the news—we decode it into actionable trading strategies. Our VIP members are already preparing for how this will play out. If you’re still waiting for Twitter influencers to tell you what’s happening, you’re late.
👉 Join MCP News Private for insider analysis and next-level market insights
👉 ParadiseFamilyVIP—where the real money moves are made before they hit the news
And don’t forget—MCP Stream is breaking down this unlock live. If you want to know what’s really happening and how it will affect the market, tune in now.
