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Solana Long Liquidations Reach $12.27 Million in One Hour

Solana Long Liquidations Reach $12.27 Million in One Hour

Photo: TokenPost

Solana (SOL) long-position liquidations reached $12.27 million in the hour ending at 8:09 p.m. ET Monday (00:09 UTC Tuesday), as the token's price fell from $106 to $104, a 2.60% decline. Total SOL liquidations across the period reached $12.31 million. Short-position liquidations accounted for $40,000, leaving nearly all of the activity concentrated among traders betting on higher prices. The figures were collected and combined from public liquidation data on Binance, Bybit and OKX. They cover those three exchanges and do not represent a marketwide total. Solana ranked seventh by market capitalization at the time of the tally.

Source: TokenPost

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