Solana Drops 2.79% in One Hour to $72.08 on Binance Spot

Solana (SOL) fell 2.79% in the hour to 11:47 a.m. ET (16:47 UTC) Saturday, Nov. 14, reaching $72.08 on Binance spot trading.

TokenPost calculated the move from quotes it collected directly from Binance's public spot market. The tracked pair was SOL/USDT, and it was at $74.15 at 10:47 a.m. ET before reaching $72.08 an hour later. That amounted to a $2.07 per-token decline, or 2.79% for the measured hour.

TokenPost's liquidation tally across Binance, Bybit and OKX recorded $11.25 million in long liquidations and $20,000 in short liquidations over the same one-hour period. Together, the figures totaled $11.27 million, with long liquidations exceeding short liquidations by $11.23 million.

Solana ranked seventh by market capitalization, at approximately $42,960,510,000. The price reading came from Binance spot trading, while the liquidation tally combined activity from three exchanges. At the observation time, SOL's 24-hour change was a 9.24% decline.