
glassnode|Apr 01, 2025 12:24
Between Mar 19 and Mar 31, the share of SOL supply last moved at:
🟣123.89 rose from 3.69% to 3.73%
🟣144.54 rose from 4.2% to 4.5%
🟣147.49 fell from 2.08% to 1.98%
This suggests some profit-taking or distribution near recent highs, with supply migrating into lower cost basis clusters. Meanwhile, support at the lower bands of the current range is strengthening.