Wintermute在代币解锁之前撤回了数百万美元的SOL，从而引发了市场恐惧

当营销商Wintermute最近从Binance撤回了大量的Solana（Sol），加密货币社区处于边缘状态，距离大型令牌解锁活动前几天。

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.

加密推销商Wintermute最近从Binance撤出了大量的Solana（Sol），就在大规模的令牌解锁活动之前。这次出口，加上最近的价格下跌和总体市场担忧，引起了人们对SOL销售压力增加的担忧。

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.

根据Arkham Intelligence的数据，Wintermute于2月24日在2月24日上午2月24日从Binance Exchange转移了价值超过3820万美元的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.

该退出的时机尤其值得注意，因为它是在Solana最大的代币解锁赛事前一周的时间。 3月1日，超过1120万个SOL令牌（相当于20亿美元）将被汇入。第二个解锁也增加了大部分循环液供应，这也引起了关于看跌价格行动问题的提出的。

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已经看到了重大的价格更正。根据CoIntelegraph Markets Pro提供的数据，在2月24日截至2月24日的24小时内，SOL价格下跌了7.5％以上，达到了155美元，这是三个月内的最低水平。该价格水平最后一次是在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，围绕Solana的负面情绪也可以归因于未决的令牌解锁，无论市场条件更广泛，它都在Solana生态系统上呈云。

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.

迎接恐惧的主要因素之一是，在FTX拍卖过程中，以稀释折扣购买了相当多的锁定溶胶供应。像Galaxy Digital，Pantera Capital和Tigue这样的公司以远低于该令牌价值的价格购买了这些代币。

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.

加密分析师Artchick.ETH指出，在解锁日期后的90天内，超过1500万美元（约合25亿美元）将流通。

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.”

与当前的市场价值相比，Artchick.eth还强调了FTX拍卖时购买价格的差异：“该溶胶的大部分是从FTX拍卖中以64美元的64美元购买的，这仍然是非常健康的利润。到该溶胶解锁时，将通过通货膨胀产生另一个约1B美元的溶胶，也可能会倾倒。”

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共享了类似的观点，并指出当前的时间表对于购买Solana来说是“危险的”。 RunnerXBT评论说，估计表明，Galaxy Digital，Pantera和Vigure等公司可能会在其溶胶解锁时分别实现30亿美元，10亿美元和1.5亿美元的潜在未实现的收益。

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

人们还认为，这些公司更有可能出售其持股以获取利润，尤其是在当前的市场氛围中。

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.

进一步增加了Solana周围的不安，Memecoin市场也卷入了本周的戏剧性。对市场信心的最新打击来自天秤座（天秤座）的纪念丑闻，在这种丑闻中，一种常用的地毯方法使内部人员能够消除超过1.07亿美元的流动性，从而进一步破坏了投资者的信心。这导致了广泛的价格崩溃，导致40亿美元的投资者资本损失。

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.

我们认为，尽管围绕天秤座丑闻的负面新闻，但由于社区建立了许多创新的项目利用所有可用的资源和专业知识，但索拉纳的未来比以往任何时候都更加光明。这清楚地提醒了投资高度投机性纪念经济的固有风险。最重要的是，这样的事件导致投资者侵蚀信任，对索拉纳的总体情绪一定会受到打击。

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游戏的启发的鱿鱼令牌在2021年末经历了类似的地毯。代币玫瑰和玫瑰的价值直到开发商兑现，投资者只剩下毫无价值的代币。这项活动等人引起了人们对投资未经审计的投机加密货币的风险。