Solana Drops 4.6% in Four Hours to $104 as Long Liquidations Top $12M

Solana (SOL) fell to $104 at 8:09 p.m. ET Monday (00:09 UTC Tuesday), down 4.58% from $109 four hours earlier, while long-position liquidations totaled $12.27 million. The price was measured on Binance’s spot SOL/USDT market using TokenPost’s direct collection of exchange prices. SOL was down 6.84% over the preceding 24 hours at the same time. One-hour liquidations across Binance, Bybit and OKX totaled $12.27 million for long positions and $40,000 for short positions. Solana ranked seventh among crypto assets by market capitalization, at about $62.18209 billion. Enna Lee reports on investing and digital-asset markets for TokenPost.

Source: TokenPost