#SOL Liquidation Hits $448 Million#
Hot Topic Overview
Overview
The SOL liquidation event has continued to ferment over the past 24 hours, with total liquidation reaching $448 million, of which long liquidation accounts for the majority, reaching $328 million. In the past hour, liquidation reached $10.25 million, with long liquidation reaching $8.16 million. Although SOL price has increased by 18.74% in the past 24 hours, the long liquidation event shows that market sentiment remains cautious, and investors have different opinions on the future trend of SOL price.
Ace Hot Topic Analysis
Analysis
Recently, the price of SOL has surged significantly, triggering massive liquidations of long positions in the market. Data shows that in the past 24 hours, the total liquidation amount across all contracts reached $448 million, with long positions accounting for the majority at $328 million. In the past hour alone, the total liquidation amount across all contracts reached $10.25 million, with long positions accounting for $8.16 million. This indicates that there are a large number of long positions in the market, and the rapid rise in the price of SOL has forced these long positions to be liquidated, leading to massive liquidations. It's worth noting that the price of SOL has risen by 18.74% in the past 24 hours and by 13.90% in the past hour, indicating a very optimistic market sentiment, with investors having confidence in the future development of SOL. However, this rapid rise also brings significant risks, as a reversal in market sentiment could lead to even larger liquidations. Therefore, investors should exercise caution when making investments, pay attention to risk control, and avoid blindly chasing the rise.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
SOL multiple long liquidation scale is huge, the amount of liquidation in the past 24 hours is as high as 448 million US dollars.
Multiple long liquidation is the main reason for this incident, accounting for 73.21% of the total liquidation amount.
SOL price has risen sharply after the liquidation event, with a gain of 18.74% in the past 24 hours.
The liquidation event may be related to the sharp rise in SOL price and market sentiment fluctuations.