According to CoinDesk, Bitcoin (BTC) and the broader crypto market faced significant volatility as Israeli airstrikes on Iran heightened global risk aversion. The CoinDesk 20 Index dropped 6.1% in 24 hours, while BTC declined 2.9% and SOL plunged nearly 9.5%, erasing gains previously driven by optimism over potential Solana ETF (SOL) approvals (source: CoinDesk, Wintermute). The market saw $1.16 billion in liquidations, with 90% from long positions (source: CoinGlass). Defensive derivatives positioning increased as BTC and ETH put/call ratios rose, while funding rates turned negative across most altcoins, including DOT and LINK. Meanwhile, inflows into BTC ETFs totaled $939 million month-to-date, and ETH ETFs saw $811 million, signaling institutional buying despite short-term turbulence (source: Farside Investors). Traders should closely monitor further developments in the Middle East, as any escalation could drive further volatility and impact crypto liquidity and risk appetite.

According to Lookonchain, whale wallet 9a56eN recently unstaked 1.33 million SOL (worth $221 million) and quickly deposited 380,000 SOL (valued at $63.3 million) across major exchanges including Binance, Bybit, OKX, and Coinbase via FalconX. This large-scale movement signals a potential increase in SOL trading activity and possible selling pressure in the near term, as such significant inflows to exchanges often precede heightened volatility or large sell-offs. Traders should closely monitor SOL price action and exchange inflows for immediate trading opportunities. Source: Lookonchain via Twitter.

According to Lookonchain on Twitter, Pumpfun deposited 132,180 SOL, valued at $20.87 million, to Kraken within the last two hours. In total, Pumpfun has moved 3.62 million SOL (worth $660.5 million) to Kraken at an average price of $182, and has already sold 264,373 SOL for $41.64 million USDC at $158. These significant on-chain SOL transfers and large-scale sales are likely to increase selling pressure on Solana, potentially impacting short-term SOL price volatility and liquidity on both centralized and decentralized exchanges. Traders should closely monitor further SOL movements and exchange inflows, as such large deposits historically correlate with short-term price corrections. Source: Lookonchain (@lookonchain) via Twitter and Solscan.

According to Lookonchain, Pumpfun (@pumpdotfun) has deposited another 156,425 SOL, valued at $25.74 million, to Kraken. Cumulatively, Pumpfun has moved 3.49 million SOL ($640 million) to Kraken at an average price of $183 and recently sold 264,373 SOL for $41.64 million USDC at $158 (source: Lookonchain, May 30, 2025). These large-scale deposits and sales indicate increased sell-side pressure on Solana, raising the risk of short-term price volatility. Crypto traders should closely monitor Kraken order books and on-chain flows for potential downward pressure on SOL price. Such whale activity often signals upcoming large moves, which may present both risk and opportunity for active traders.

According to @wingbits, key leaders including CEO @RobinWingbits, @SpexiNetwork’s @Bill_Lakeland, and @btschiller convened at Consensus 2025 in Toronto to discuss concrete strategies for building sustainable businesses in the web3 space. The panel emphasized the importance of real-world utility and scalable models for blockchain startups, which could influence investor sentiment and drive trading volumes across major cryptocurrencies. The upcoming Solana Accelerate event in New York City was highlighted as a catalyst for potential Solana (SOL) price volatility, given its focus on ecosystem growth and developer engagement. These industry gatherings are closely watched by traders for signals on sector momentum and token performance. Source: @wingbits on Twitter, May 19, 2025.

According to Lookonchain, a newly created wallet has withdrawn 44,116 SOL (valued at $6.15 million) from Binance and staked it. This substantial movement of Solana tokens might influence the liquidity and staking dynamics within the Solana ecosystem. The withdrawal could indicate a bullish sentiment towards Solana, as staking typically reflects confidence in the asset's long-term value. Traders should monitor Solana's staking statistics on platforms like Solscan for potential impacts on the market supply and price volatility. This significant transaction might lead to a decrease in available SOL for trading, potentially affecting market liquidity and price action.