FTX and its affiliated funds have recently reduced their holdings significantly, withdrawing nearly 200,000 SOL from collateral in one go, which is approximately $27.98 million based on the current price. This large-scale liquidity event has attracted market attention—are they reallocating funds or preparing to cash out? Once this batch of SOL flows into the secondary market, it could exert considerable selling pressure. In the face of this impact, whether SOL's price support can hold steady has become a recent focus. Market participants are watching the subsequent market performance following this large-scale unpledging.