Bitcoin and Ethereum Slip as Solana Whale Transfers Put Europe on Alert

The cryptocurrency market shifted into correction mode on Monday. Bitcoin is trading at 76,747 USD after falling 1.48%, and Ethereum at 2,253 USD after a 1.01% drop. Total market capitalisation stands at 2.67 trillion USD, but attention is shifting to large movements on Solana, where more than 100 transfers above 10,000 SOL were recorded in one hour. For Polish and Ukrainian investors, this is a signal that volatility may persist.

Bitcoin and Ethereum Post Losses, but Solana Draws Attention

According to market data, Bitcoin is trading at exactly 76,747 USD, representing a 24-hour change of -1.48%. Ethereum is priced at 2,253.31 USD, down 1.01%. Total cryptocurrency market capitalisation stands at 2,665,533,882,052.03 USD, or roughly 2.67 trillion USD. This shows the correction is hitting the most important assets, but there is no panic sell-off.

Meanwhile, the Solana network registered more than 100 large transfers above 10,000 SOL over the past hour. The three largest were about 913,000, 934,000 and 963,000 SOL. At a Solana price of around 92 USD, that implies single flows worth about 84 million, 86 million and 88 million USD. This kind of activity usually points to involvement by large entities or exchanges, but the available data does not show whether these are inflows or outflows.

What This Means for Investors in Poland and Ukraine

Declines in major cryptocurrencies are also shaping sentiment in Central and Eastern Europe. The Fear and Greed Index reads 26 points, signalling that fear has the upper hand. The market RSI stands at 52.5, which is still neutral, while MACD signals and the 9-day and 21-day exponential moving averages are bearish. For Polish and Ukrainian readers, this means the market is not giving a clear rebound signal.

Another factor is elevated activity on decentralised exchanges. In 24 hours, DEX volume reached 2.1 billion USD. Combined with a 3.7% drop in the price of Solana, this may suggest that some of the large transfers are heading to exchanges, which could add to selling pressure. A scenario in which these are merely internal asset movements assumes a faster return to balance.

If the large Solana transfers are heading to exchanges, this could increase selling pressure. If they are only internal movements, the market may quickly return to balance. Without data on the direction of flows, this remains a scenario, not a fact.

European Equities in the Background: XTB, Orlen, Carrefour and Others

In the same news cycle, Polish outlet Comparic.pl published analyses of companies listed on the Warsaw Stock Exchange: XTB, Asbis, Orlen, Dino, CD Projekt and PKO BP. It also published material on Carrefour, JSW and pressure on Orlen shares. Although these are companies outside the cryptocurrency sector, their behaviour shows the broader risk-off context in European markets.

The headlines of those articles did not provide specific forecasts or results that we could cite. We therefore do not link them directly to the cryptocurrency correction, but simply note that European investors are simultaneously dealing with multiple signals of uncertainty.

Scenarios for the Coming Hours

Based on the available market data, two main scenarios can be considered. The first assumes that the large Solana transfers are inflows to exchanges. In that case, Solana supply could increase and the price could continue to fall. The second scenario is internal movements by large entities, with no change in the supply structure. In that case, the neutral RSI of 52.5 and relatively modest BTC and ETH declines could support stabilisation.

The key level to watch remains Bitcoin's behaviour near 76,747 USD and the Fear and Greed Index, which at 26 points historically accompanies elevated nervousness, but does not always mean further declines.