The post Solana faces heavy selling as whales flip bearish What’s next? appeared com. Key Takeaways Is there pressure on Solana’s price? A Solana whale recently exited a $4. 71 million position at a loss, lending weight to the bearish pressure on the altcoin. Are SOL’s metrics leaning bearish too? Yes, raising questions about whether Solana’s demand zone can continue to absorb this selling pressure. Solana’s (SOL) price action has taken a big hit lately. At the time of writing, the altcoin’s large players seemed to be aggressively accumulating short positions at its trading price. For instance Whale DYzF92 dumped 33, 366 SOL valued at $4. 71 million despite locking in a $230,000 loss. According to Lookonchain’s recent reports, the tokens were accumulated roughly seven months ago, making the sell-off a clear signal of shifting sentiment among major holders. Could the demand zone absorb whales’ bearish pressure? The whale’s exit adds more damage to an already fragile Solana market environment. According to AMBCrypto’s latest analysis, other large wallets have mirrored the same trend, stacking more short positions and signalling expectations of a near-term downturn. In fact, CryptoQuant’s Spot average order size data hinted at a surging number of whale orders around the current trade. And, with the positions’ distribution metrics indicating short positions’ dominance, most of the accumulated orders may be likely from Solana bears. On the daily chart, Solana’s price has been testing a well-defined demand zone around $14o A strategic price level where buyers could step in consistently. The zone had previously triggered relief bounces, making it a critical battleground between bulls and bears. If this zone absorbs whale-driven selling again, SOL could maintain its structure. However, if it fails, the.