Institutional activity drives Solana (SOL) futures to record $2.16 billion open interest on CME as price rebounds 23% to $235. Retail traders cautious after $307 million liquidations, keeping leverage low. Solana ETPs exceed $500 million AUM, reflecting institutional accumulation. Retail and institutional divergence suggests balanced bullish setup.

Short-term SOL price path depends on retail confidence. Retracement to $218-$210 would not disrupt bullish structure. Liquidity cluster between $220-$200 could act as price magnet for healthy higher low. Break above $245-$250 would signal strength towards all-time highs near $290. Institutional flows favor shallow correction.

Institutional accumulation on CME futures indicates market shift from fear to cautious accumulation. Retail traders remain hesitant following recent liquidations. Solana poised for rally towards all-time highs if ETF speculation persists. Balanced bullish setup maintained by institutional activity and cautious retail leverage.

Read more at Cointelegraph: SOL Futures Surge as ETP Flows Hit $500M