The upcoming unlocks for Grayscale Solana Trust are not as big as they were earlier this year. It was expected that Jan/Feb unlocks would compress the NAV to near zero. The NAV likely turns negative in the coming month for the Grayscale Trust
Ben Lilly
Ben Lilly1.1.2025
1/ Grayscale Effect: Jan 2025 Sell the Solana R.I.P. Grayscale SOL unlocks happen 12 months after purchase. Two unlock tsunamis are on the horizon. (SEC Filings below) The first: Jan 24 - Feb 2 The second: July 24 - Aug 7 You need to be aware of these 🧵👇
FYI - The two week wave of unlocks start today
2,07K