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0.000134195764781541 -0.000134195764781694 -0.00166402748329264 -0.00083201374164632 0.00228132800128819 0.00330121581362882 0.00330121581362882 0.00330121581362882
Stock impact report

Solana Drops 4.9% Breaking Below Key Support as Alameda Unlocks Continue [Yahoo! Finance]

PNC Financial Services Group, Inc. (The) (PNC) 
Last pnc financial services group, inc. (the) earnings: 4/15 06:41 am Check Earnings Report
Company Research Source: Yahoo! Finance
token tumbled from $160.72 to $152.81, posting a 4.9% decline despite continued institutional support through exchange-traded fund products. The drop occured on elevated volume running 17.25% above the seven-day average. Active repositioning dominates rather than passive drift. Selling intensified following another scheduled token unlock from bankrupt Alameda Research and the FTX estate on November 11. Analyst MartyParty reported approximately 193,000 SOL tokens worth $30 million get released as part of ongoing monthly vesting. The program has been gradually distributing over 8 million tokens since November 2023. These structured releases, managed under bankruptcy oversight, typically flow to major exchanges for creditor repayment. Institutional demand remains robust with solana spot ETFs recording their tenth consecutive day of inflows totaling $336 million for the week. Major financial institutions including Rothschild Investment and PNC Financial Services disclosed new holdings Show less Read more
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