SOL On-Chain Chip Distribution Observation: Data from January 6 to Early January 7

The recent on-chain trading activity has cooled down. The total turnover within the past 24 hours is approximately 7 million SOL, a significant decline from the 16 million SOL recorded at 8:00 AM the previous day. This indicates that market trading enthusiasm has not continued to heat up, and the overall turnover rate remains relatively low.

From the chip distribution perspective, a large concentration of chips is still locked at the $132 price level. Although there is also a high-density cluster of chips around $165, market trends suggest that $132 remains the key focus for chip concentration. The formation and evolution of this price level directly reflect the current mainstream holding intentions on the chain.

Overall, the shrinking trading volume combined with relatively stable chip positions suggest that the market is in a wait-and-see phase. The lack of additional capital inflow in the short term limits trading enthusiasm among participants. For traders tracking SOL on-chain sentiment, paying attention to changes in these two signals can help better grasp the market rhythm.