SOL URPD Data Analysis (January 11 to January 12, 8 AM) – Capturing On-Chain Sentiment In the past 24 hours, the total on-chain turnover was around 1 million tokens, significantly lower than yesterday’s 2.47 million tokens at 8 AM. Sunday’s low liquidity caused a sharp drop in turnover rate. Sundays are typically the lowest trading volume moments of the week. The 120-130 USD range chips are slowly shifting to the right. Currently, the massive single-price chip position at $135 has already accumulated over 45 million tokens. As mentioned earlier, the higher the accumulation of massive single-price bars, the faster the direction will be chosen. The current price is fluctuating upward. Due to its relatively low market cap compared to $ETH, under emotional stimulation, $SOL’s volatility might be higher. Sunday’s turnover rate is even lower. During low liquidity periods (before Monday’s U.S. stock market opens), even a slight emotional trigger can lead to price fluctuations. The price has reached around $138, with minimal turnover outside the 120-130 USD range chips. Heading into Monday, sentiment is still decent. Let’s see how the U.S. stock market sentiment unfolds tonight. Check out the updated $SOL chart. Data sourced from Glassnode. Feel free to connect and discuss!