Solana price prediction: Will seller pressure persist after whale deposit? SOL down 3.84%

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Solana drops 3.84% today to $82.78

Highlights

A major whale deposited 170,000 SOL ($14.85 million) to Kraken, increasing sell pressure and exchange reserves on March 27, 2026.
A malware campaign exploited Solana's blockchain to steal private keys and crypto funds, introducing security risks to users and platforms.
SOL remains under sustained bearish pressure with technical indicators deeply oversold and the next five-day range projected at $78.50–$86.70.

Whale outflows and malware threats drive surge in sell-side activity

On March 27, 2026, Solana experienced increased sell-side pressure in both spot and derivatives markets, with trading volume exceeding $4.1 billion and over $6 million in SOL long positions liquidated. An unidentified whale unstaked and deposited 170,000 SOL (valued at $14.85 million) to Kraken, resulting in a notable increase in the exchange's SOL reserves. Additionally, a new malware campaign was reported using Solana's blockchain infrastructure to obscure communication and steal private keys and crypto funds.

Bearish momentum confirmed as oversold signals dominate across timeframes

Momentum readings remain weak, with both MACD and ADX on D1 neutral to bearish and all showing Sell signals on shorter timeframes. RSI at 41.23, Stoch RSI at its lowest value, and CCI at -122.39 collectively indicate oversold conditions. BBP is deeply negative, confirming strong seller dominance intraday. The AO is neutral and does not actively reinforce the current downtrend.

Further declines favored with narrow range amid bearish outlook

For the next five trading days, the expected range for SOL is $78.50 – $86.70, a volatility band relative to current levels and closely matching recent patterns. There is a very low probability (less than 20%) of a meaningful price increase, with further declines much more likely as almost all weekly and daily trend indicators point down. In the baseline scenario, the price is likely to remain in a sideways corridor between $78.50 and $86.70. A bullish scenario would require a strong rebound and a close above immediate resistance at $88.97, while a decisive break below $78.50 could expose SOL to fresh lows in the near term.

Anton Kharitonov, analyst at Traders Union, sees strong technical and sentiment-based headwinds for Solana. He believes negative momentum, large whale outflows, and security concerns continue to cap any upward potential in the near term. The base scenario remains a sideways corridor between $78.50 and $86.70, as almost all signals favor sellers. "Without a clear catalyst or a break above $88.97, I remain defensive on SOL and see little reason to expect a reversal in the coming days."

Earlier, analysts noted that Solana remained under persistent selling pressure despite some regulatory advances and ETF developments, with a predominantly bearish technical outlook. The latest escalation of on-chain sell activity, whale movements, and emerging security risks further reinforce the downside scenario, making a clear break below $78.50 a critical risk for traders to monitor in the near term.

Source of Data: SOL Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.