US EditionSolana Long Liquidations Top $64 Million Amid Price Decline
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Solana Long Liquidations Top $64 Million Amid Price Decline
Solana (SOL) has been in a downward spiral over the past week. Since reaching a new all-time high of $264.63 on November 22, SOL has encountered a surge in selling pressure. This has caused its price to drop by almost 10% in the past seven days. This decline has led to an uptick in long liquidations in the SOL futures market. With strengthening bearish sentiments, Solana long traders may face more losses. Here is why. Solana’s Market Activity Fa…
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