Solana’s price dropped to $182 on Oct. 30, with a 6% decline and a market cap of $100.1 billion. Jump Crypto sold 1.1 million SOL for $205 million before buying 2,455 BTC for $265 million. Jump Crypto’s total staked assets fell by 29.65% in the last 30 days, with 73% held in SOL. Traders interpret this move as a flight to safety ahead of US-China trade talks. Solana futures trading volume rose 7% to $32.61 billion, with an open interest of $10.32 billion. A decline below $180 could see Solana lose its $100 billion market valuation.

Read more at Yahoo Finance: Solana Price Crashes to $182 as Jump Crypto Sells $205M SOL for Bitcoin