via BeInCrypto · By BeInCrypto Editorial
Solana (SOL) Hits Lowest Level in 2.5 Years as $88 Million in Longs Get Liquidated
SOL/USDT
$3,095,790,835.48
$83.74 / $79.23
Change: $4.51 (5.69%)
+0.0031%
Longs pay
Solana (SOL) dropped to its lowest price since December 2023 this week, sliding toward $68 as more than $88 million in leveraged positions were wiped out across the market.
Long traders absorbed almost all of the damage. On-chain activity and social interest had been weakening for months before the breakdown, which suggests the selloff reflected fading demand rather than a single shock.
Long…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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