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Solana Holds Near $155 After Losing Support Despite 12-Day ETF Inflow Streak

Analysts point to ongoing FTX estate token releases and weakening momentum as forces that could drag SOL toward $140 if the $150 floor gives way.

Overview

  • Solana fell through the ~$156 level and is fluctuating around $153–$155 after a 4.9% weekly drop reported Thursday.
  • SOL-focused ETFs notched a 12-day run of net inflows totaling about $368.5 million, including $18.06 million on Nov. 12 led by Bitwise and Grayscale.
  • CoinCentral tallied roughly $336 million of weekly ETF inflows, with Bitwise leading and combined Bitwise and Grayscale holdings near $351 million.
  • The FTX/Alameda bankruptcy estate unlocked about 193,000 SOL (≈$30 million) on Nov. 11 under a monthly vesting schedule that continues through 2028.
  • Order-book data showed roughly $26 million in net whale spot accumulation and more than $457 million in long positions, while technical views flag $150, $145–$142, and $140 as key downside levels if selling intensifies.