In recent days, the price of Solana (Sol) has reached the 130 range, growing about 37 percent from the 95 floor on April 7. However, the market situation remains fragile and there are signs of serious risk.

Anchin's data shows that one of the market's largest whales sold about 274,188 Sol units at an average price of  108,while his initial purchase price was  148. The sale cost him about 11 million.

This behavior indicates continued distribution by large investors and smart wallets, where whales use increased liquidity to exit, not to buy. This could be a serious warning to small traders in fragile economic conditions.

The data also shows that areas of 100,120 and 140 are very dense in terms of supply. The most important of these areas is the 140 level, where about 27.8 million SOL (approximately 4.75% of the total supply in circulation) is concentrated.

This area is known as an important resistance, and until the price can cross it, there is a possibility of sales pressure from the owners at a loss.

Also, in the range of 117 to 120, there are about 38 million SOL, which can be a place to withdraw profits.

In addition, Solana's 7.07 percent daily growth has made it one of the fastest-recovering assets. Open earnings on futures contracts also grew by 13.89 percent to 5.23 billion.

This increase indicates the recording of new lever positions that appear bullish at first glance, but can lead to widespread liquidation if the price drops.

Finally, until Solana can reclaim the  140 level with strength, there remains a risk of falling prices and severe volatility, and this recent growth is more likely to be assessed as a temporary leap.