Over the past 72 hours, 1.4 million Solana (SOL) tokens, valued at approximately $110 million, have been moved to exchanges, according to data from Glassnode. This significant inflow suggests potential short-term selling pressure as traders may look to liquidate or reduce exposure. The movement has increased exchange balances from 27.6 million to 28.6 million SOL. Analysts highlight that while such inflows do not guarantee a price drop, the scale of $110 million is noteworthy. Solana's price has seen fluctuations, currently trading at $80.93, up 0.59% in 24 hours. Technical analysis indicates a bearish market structure, with SOL trading below a key supply zone and potential support between $66 and $70. Any rebound towards $84–$89 may test the broken structure but is unlikely to signal strength unless SOL reclaims $90 with strong volume.