PANews reported on February 24 that according to Cointelegraph, Wintermute's withdrawal of $38.2 million worth of SOL from Binance in the past 24 hours has raised concerns about selling pressure caused by deteriorating market sentiment. Data shows that Solana is expected to unlock 11.2 million SOLs for circulation on March 1. There is still about a week before the unlocking time. The price of SOL has been under pressure recently, falling by more than 7.5% in the past 24 hours to a low of $155 in more than three months. Some crypto industry observers worry that token unlocking may bring huge selling pressure to Solana because a large part of the locked supply was purchased in FTX auction transactions at a price lower than the current market price.