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Solana ETF breaks through for the first time: 21-day winning streak ends, but institutions are quietly increasing the position.

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[Coin World] It's a bit interesting, the Solana ETF has finally failed - recording a net outflow of 8.2 million dollars for the first time. The culprit? 21Shares' TSOL had a redemption of 34 million dollars in a single day, directly ending the previous 21-day winning streak.

But don't panic, the SOL price has held up well, standing back above $140. However, that 20-day moving average resistance at $152 still looks a bit far away.

What's more interesting is what's happening on the institutional side. The total holdings of ETFs are quickly approaching the $1 billion mark, and guys like Bitwise and Grayscale are still buying in quietly. So this outflow seems more like a tactical adjustment by individual players rather than a signal for a full retreat. Market sentiment is cautious, but smart money clearly has no intention of leaving — they are still accumulating Solana ETFs.

SOL0.03%
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TokenCreatorOPvip
· 11-30 20:04
Haha, institutions are buying the dip, retail investors are in panic, the old routine.
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LootboxPhobiavip
· 11-29 14:30
Institutions are quietly catching a falling knife at the bottom; this is the normal rhythm. Why are small investors panicking?
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MechanicalMartelvip
· 11-29 14:29
Institutions are accumulating at the bottom, retail investors are cutting losses at the high, we've all played this script before...
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MetaverseLandlordvip
· 11-29 14:26
Institutions are buying the dip, retail investors have been scared away while institutions catch a falling knife, this tactic still has a familiar taste.
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PermabullPetevip
· 11-29 14:21
Hey, institutions are buying cheap goods, and we retail investors are still hesitating? Holding firm at the $140 position, this is the signal.
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TokenomicsPolicevip
· 11-29 14:11
Institutions are quietly buying, retail investors are rug pulling, this game is far from over.
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NeverPresentvip
· 11-29 14:09
Institutions are dumping, retail investors are buying the dip, this is the eternal dance of Web3.
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PumpDetectorvip
· 11-29 14:08
ngl the 21shares redemption feels like noise... seen this pattern before, retail panic selling while smart money's quietly loading up under $145. that technical divergence tho 🧠
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