Wintermute在代幣解鎖之前撤回了數百萬美元的SOL，從而引發了市場恐懼

當營銷商Wintermute最近從Binance撤回了大量的Solana（Sol），加密貨幣社區處於邊緣狀態，距離大型令牌解鎖活動前幾天。

Crypto market maker Wintermute recently withdrew a large amount of Solana (SOL) from Binance just days ahead of a massive token unlock event. This exit, coupled with a recent price decline and general market fears, has sparked concerns over increased selling pressure on SOL.

加密推銷商Wintermute最近從Binance撤出了大量的Solana（Sol），就在大規模的令牌解鎖活動之前。這次出口，加上最近的價格下跌和總體市場擔憂，引起了人們對SOL銷售壓力增加的擔憂。

According to data from Arkham Intelligence, Wintermute transferred more than $38.2 million worth of Solana from the Binance exchange between February 23 and 9:02 am UTC on February 24.

根據Arkham Intelligence的數據，Wintermute於2月24日在2月24日上午2月24日從Binance Exchange轉移了價值超過3820萬美元的Solana。

The timing of this exit is particularly noteworthy as it comes just over a week before Solana's largest token unlock event ever. On March 1, more than 11.2 million SOL tokens, equivalent to about $2 billion, are set to be put into circulation. This second unlock also increases a huge portion of circulating SOL supply, which has also raised concerning questions of bearish price action.

該退出的時機尤其值得注意，因為它是在Solana最大的代幣解鎖賽事前一周的時間。 3月1日，超過1120萬個SOL令牌（相當於20億美元）將被匯入。第二個解鎖也增加了大部分循環液供應，這也引起了關於看跌價格行動問題的提出的。

Solana has already seen a significant price correction. According to the data provided by Cointelegraph Markets Pro, SOL price dropped more than 7.5% in the 24 hours leading up to Feb. 24 to hit $155 — its lowest level in three months. This price level had last been seen in early November 2024.

Solana已經看到了重大的價格更正。根據CoIntelegraph Markets Pro提供的數據，在2月24日截至2月24日的24小時內，SOL價格下跌了7.5％以上，達到了155美元，這是三個月內的最低水平。該價格水平最後一次是在2024年11月初。

However, the negative sentiment surrounding Solana can also be attributed to the pending token unlock, which has cast a cloud over the Solana ecosystem regardless of broader market conditions.

但是，圍繞Solana的負面情緒也可以歸因於未決的令牌解鎖，無論市場條件更廣泛，它都在Solana生態系統上呈雲。

One of the major factors feeding the frights is that a considerable amount of the locked SOL supply was bought at a diluting discount during the FTX auctions. Companies like Galaxy Digital, Pantera Capital, and Figure purchased these tokens at a price point well below what the tokens are currently worth.

迎接恐懼的主要因素之一是，在FTX拍賣過程中，以稀釋折扣購買了相當多的鎖定溶膠供應。像Galaxy Digital，Pantera Capital和Tigue這樣的公司以遠低於該令牌價值的價格購買了這些代幣。

Crypto analyst Artchick.eth noted that more than 15 million SOL — around $2.5 billion — would go into circulation over the 90 days following the unlock date.

加密分析師Artchick.ETH指出，在解鎖日期後的90天內，超過1500萬美元（約合25億美元）將流通。

Artchick.eth also highlighted the difference in purchase price at the FTX auctions compared to its current market value: “The majority of this SOL was purchased from FTX auctions at $64 by Galaxy, still a very healthy profit. By the time this SOL unlocks, another ~$1B of SOL will be produced via inflation and likely dumped as well.”

與當前的市場價值相比，Artchick.eth還強調了FTX拍賣時購買價格的差異：“該溶膠的大部分是從FTX拍賣中以64美元的64美元購買的，這仍然是非常健康的利潤。到該溶膠解鎖時，將通過通貨膨脹產生另一個約1B美元的溶膠，也可能會傾倒。”

Crypto trader RunnerXBT shared similar sentiments, noting that the current timeframe is “dangerous” for purchasing Solana. RunnerXBT commented that estimates suggest that firms like Galaxy Digital, Pantera, and Figure could realize potential unrealized gains of $3 billion, $1 billion, and $150 million, respectively, when their SOL unlocks.

加密交易者RunnerXBT共享了類似的觀點，並指出當前的時間表對於購買Solana來說是“危險的”。 RunnerXBT評論說，估計表明，Galaxy Digital，Pantera和Vigure等公司可能會在其溶膠解鎖時分別實現30億美元，10億美元和1.5億美元的潛在未實現的收益。

There is also a perception that these firms are more likely to sell their holdings to secure profits, particularly in the current market climate.

人們還認為，這些公司更有可能出售其持股以獲取利潤，尤其是在當前的市場氛圍中。

Further adding to the unease around Solana, the memecoin market has also been embroiled in drama this week. The latest blow to market confidence came from the Libra (LIBRA) memecoin scandal, where a commonly used rug-pulling method allowed insiders to siphon off more than $107 million in liquidity, further undermining investor confidence. This led to a widespread price crash which resulted in the loss of $4 billion of investor capital.

進一步增加了Solana周圍的不安，Memecoin市場也捲入了本週的戲劇性。對市場信心的最新打擊來自天秤座（天秤座）的紀念醜聞，在這種醜聞中，一種常用的地毯方法使內部人員能夠消除超過1.07億美元的流動性，從而進一步破壞了投資者的信心。這導致了廣泛的價格崩潰，導致40億美元的投資者資本損失。

We believe the future of Solana is brighter than ever, despite the negative press surrounding the Libra scandal, as the community builds a number of innovative projects leveraging all available resources and expertise. It is a stark reminder of the inherent risk of investing in the highly speculative memecoin economy. On top of that, such incidents lead to erosion of trust among investors and the overall sentiment towards Solana is bound to take a hit.

我們認為，儘管圍繞天秤座醜聞的負面新聞，但由於社區建立了許多創新的項目利用所有可用的資源和專業知識，但索拉納的未來比以往任何時候都更加光明。這清楚地提醒了投資高度投機性紀念經濟的固有風險。最重要的是，這樣的事件導致投資者侵蝕信任，對索拉納的總體情緒一定會受到打擊。

The SQUID token, inspired by the Netflix show Squid Game, experienced a similar rug pull in late 2021. The value of the token rose and rose until the developers cashed out, and investors were left with nothing but worthless tokens. This event, among others, brought attention to the risks of investing in unaudited, speculative cryptocurrencies.

受Netflix Show Squid遊戲的啟發的魷魚令牌在2021年末經歷了類似的地毯。代幣玫瑰和玫瑰的價值直到開發商兌現，投資者只剩下毫無價值的代幣。這項活動等人引起了人們對投資未經審計的投機加密貨幣的風險。