#数字资产市场动态 67 tokens on the Solana chain collapsed overnight, with the largest decline reaching 74%—what's behind this sell-off?



Last week, major holders exited en masse, directly dumping $290,000 worth of positions, triggering a chain reaction. Small-cap tokens already have fragile liquidity; a large sell order is enough to trigger a crash. This is what we often call a "black swan moment."

Over the past few years in the crypto space, I've seen many similar scenarios. Those who make money never follow the herd to chase highs. Their approach is:
- Identifying market traps (small tokens with high gains often hide risks)
- Controlling position size (don't put all eggs in one basket)
- Cutting losses promptly (if you don't understand, exit; don't hope for a rebound)

Although the Solana ecosystem is active, the investment logic remains the same—fundamentals > story > sentiment. Most of the tokens that got crushed are concept tokens without real applications.

Want to survive longer in this market? Instead of chasing star coins, learn to protect your principal. This is the first rule for long-term survival.
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RamenStackervip
· 12-29 02:53
Here we go again. I'm tired of this trick with small coins. A 74% crash overnight, and as soon as big players dump, it's gone. Serves those who chase highs right.
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StakoorNeverSleepsvip
· 12-29 01:21
Coming back with this again? Big whales dump the market and us retail investors buy the dip. 67 coins are gone overnight. This is what you call fragile liquidity. I just want to ask, where are those who keep shouting about Solana's active ecosystem? Are they crying now?
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UnluckyMinervip
· 12-28 18:21
Coming again? The SOL ecosystem is always like this, small tokens are inherently a trap. This wave of dumping is well-deserved; those chasing the highs deserve to lose. A single sell order from a big holder can crash 67 coins, what does that say? It means these projects are all garbage. It's good to talk about protecting principal, but you should first stop buying such things.
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MetaverseLandlordvip
· 12-28 11:40
This wave of sell-off is a textbook-level risk lesson, but how many people will actually listen?
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Tokenomics911vip
· 12-26 10:00
Another round of retail investors getting slaughtered, with a buy/sell order of 290,000 USD causing a 74% drop? The liquidity pool is too shallow; this kind of coin shouldn't be touched at all.
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SandwichTradervip
· 12-26 10:00
$290,000 smashed, 67 coins all dead, this is the daily nightmare for retail investors. It's another plunge in small-cap coins and a liquidity trap—can't get enough of this routine. Big players manipulate the market with pump and dump, and we just follow along to be buried with them. It's easy to say "protect your principal," but I'm afraid most people simply can't hear it. You have to pay some tuition fees before you believe it.
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WalletWhisperervip
· 12-26 10:00
ngl the 29k dump hitting 67 tokens simultaneously? that's not chaos, that's just whale clustering patterns playing out exactly as the data predicted. watched the transaction velocity spike three hours before the cascade even happened.
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LiquidationWizardvip
· 12-26 09:58
Once again, a dump, and it's always small coins that get caught in the crossfire. This is the price of fragile liquidity. 67 coins overnight plummeted by 74%. Honestly, it's a bit hard to watch, but this wave definitely calls for some wake-up calls. When big players dump, it crashes, indicating that the foundation was already weak. Coins with real fundamentals are not so easily pulled down. Coins with poor liquidity are just traps; when a dump happens, they become time bombs. I really don't touch these. Still the same saying, capital preservation is a thousand times more important than getting rich overnight. These people still haven't realized that. Small caps are always like this—one big sell order, and it's goodbye.
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TokenSherpavip
· 12-26 09:55
actually, let me break this down — 29M liquidation triggering 67 tokens? that's just basic governance failure on these protocols, historically speaking
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LiquidationSurvivorvip
· 12-26 09:55
Another death spiral for small tokens—can $290,000 crash 67 of them? Liquidity is as fragile as paper; really need to learn a lesson this time.
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