Solana's top holder concentration increases, with millions of SOL flowing into mid-sized wallets.

According to the latest statistics from the on-chain data analysis platform NS3.AI, there has been a new trend in the supply concentration of Solana. The addresses holding between 10,000 and 100,000 SOL have seen their share rise from 21.9% to 22.2% recently, reflecting approximately 1.71 million SOL flowing into medium-sized holders, corresponding to a dollar value of about 144 million. This data is somewhat equivalent to a capital transfer scale exceeding the 100,000 yen level.

Market Signal of Increased Share of Medium-Sized Addresses

According to the latest market data, SOL is currently fluctuating around $82.21. From the perspective of concentration, the strengthening of medium-sized holders may reflect a transfer of some positions from institutions or large holders to more dispersed holders, which typically indicates an optimization of the market participant structure. The scale of 1.71 million SOL is sufficient to have a substantial impact on the market landscape.

Price Volatility Accompanied by Release of Liquidation Pressure

In the current price range, the market has also observed significant stop-loss pressure. Approximately $80 million in short-term stop-losses were recorded above the $89 area, while around $41 million in long-term liquidations appeared near $83. These liquidation data indicate that there are multiple key price levels in the market, with holders actively managing risk behavior at different price points. SOL’s recent performance is in an expanding bottom formation, and the increase in supply concentration resonates with these market actions.