The on-chain chip landscape of SOL has undergone a significant change in the past two days.

Looking at the time window from January 2 to 8:00 AM on January 3, the total 24-hour turnover surged to approximately 8.5 million tokens. Compared to over 2.7 million tokens during the same period the previous day, the increase is quite remarkable. Such a sharp rise in turnover often reflects a shift in market participants' sentiment.

More notably, the accumulation of chips' positions is worth paying attention to. Currently, a massive concentration of chips at a single price point is around $126. Considering that SOL's price did not increase during these 24 hours, this indicates that the $126 level has become a key accumulation zone. Such dense chip positions usually mean that this price range has attracted the attention of many holders and often serves as a critical reference point for subsequent price movements.

From an on-chain sentiment perspective, the surge in turnover combined with the high concentration of chips reflects that the market is reconfiguring funds and engaging in strategic battles within this range.