RootData: SOL will experience a large unlock on March 1. In the past, the price has dropped within 7 days after each of the four large token unlocks
ChainCatcher news, RootData announced on platform X that SOL will experience a large unlock on March 1, with 9,750,856 SOL (worth $1.38 billion) being unlocked that day. RootData has analyzed the performance of SOL prices after the previous four token unlocks, which include:On January 1, 2024, after a large unlock of 1,238,745 SOL tokens, the seven-day decline of SOL was 18.62%, and the monthly decline was 11.01%;On June 1, 2024, after a large unlock of 1,010,399 SOL tokens, the seven-day decline of SOL was 2.19%, and the monthly decline was 11.72%;On July 1, 2024, after a large unlock of 1,977,653 SOL tokens, the seven-day decline of SOL was 10.25%, and the monthly increase was 14.11%;On February 1, 2025, after a large unlock of 3,249,614 SOL tokens, the seven-day decline of SOL was 9.88%, and the monthly decline was 36.48%.In all four cases, the price of SOL fell within seven days after the token unlock. Looking at the performance over one month, in three out of four instances, SOL closed lower, except for the unlock on July 1.Overall, most major unlock events have led to a decline in SOL prices in the following month.