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Time Details
2025-02-18
10:43
SOL Holders Seated at Significant Profits Amidst Bullish Tweets

According to @bolsaverse, a significant number of SOL holders are currently sitting on substantial profits, despite the ongoing bullish tweets from influencers. The commentary suggests a potential sell-off, as these influencers may be promoting positivity while offloading their holdings. Additionally, it is noted that the primary current attraction to Solana seems to be meme culture rather than fundamental utility, with the founder reportedly preferring centralized exchanges over his blockchain. This scenario may not be sustainable for traders looking for long-term investment opportunities.

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