Over 1 million Solana (SOL) tokens have been withdrawn from exchanges in the past 72 hours, indicating reduced sell pressure and growing confidence among long-term holders. This significant withdrawal suggests a shift from distribution to accumulation, potentially setting the stage for upward price momentum. The move reflects a cautious yet bullish outlook as institutional investors anticipate higher SOL prices or seek to protect their holdings from market volatility. Following a sharp price drop to the low-$80s, SOL has rebounded to the mid-$80s, forming a consolidation range. Technical indicators such as the MACD and RSI suggest a transition from aggressive selling to market balance, with volume trends indicating neither buyers nor sellers have full control. This phase of absorption could lead to an upward impulse if resistance levels are breached. Solana's total value locked (TVL) data shows a healthy redistribution of funds, with investors rotating capital within the ecosystem rather than withdrawing it. This controlled decline in TVL suggests profit-taking and reallocation, maintaining a structurally strong foundation for Solana as it heads into March.