Add as a preferred source on GoogleSolana Long Liquidations Reach $12.27 Million in One Hour
Total SOL liquidations hit $12.31 million as the token fell 2.60% from $106 to $104.
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. No cause for the move was established in the supplied data.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.