SOL Whale Sends 800K Coins to Coinbase, Sparking Fears of Impending Sell-Off and Further Price Drop

• Over 800,000 SOL transferred from a whale to Coinbase in 4 separate batches, potentially signaling intent to sell

• SOL price currently $197, swinging sideways after attempt to retest $205 was halted

• Bearish prediction that price could drop to $187 or even $171 if selling pressure increases

• Declining RSI and MFI signals decreasing buying momentum and capital outflows

• Falling open interest suggests traders closing positions, reinforcing bearish price prediction of drop below $190 before potential recovery to $210