Whale Deposit of 39,875 SOL to Bybit Signals Possible Selling Pressure

I see a whale transferring 39,875 SOL into Bybit while sitting on about $2.93M unrealized gains — a classic setup for potential distribution. Moving that size to a centralized exchange usually precedes selling, which can increase short-term sell pressure on Solana.

I'm watching the order book and volume closely; if these coins hit the market as taker orders they could push price lower. I'll avoid initiating fresh large longs and prefer to scale out or sell into rallies until the intent of the deposit becomes clearer.