#SOL liquidation exceeds $400 million#
Hot Topic Overview
Overview
SOL surged by 18.74% in the past 24 hours, reaching a price of $261.06. However, this surge was accompanied by a large amount of liquidations, with total contract liquidations reaching $448 million across the entire network. Of this amount, $328 million was liquidated long positions, accounting for 73.21% of the total. The liquidation amount for SOL was $56.97 million, accounting for 12.69% of the total. In the past hour, total contract liquidations across the network amounted to $10.25 million, with $8.16 million liquidated long positions, accounting for 79.51% of the total. The liquidation amount for SOL was $1.68 million, accounting for 16.46% of the total. This indicates that despite the significant price surge in SOL, market sentiment remains cautious, with a large number of long positions liquidated. This could suggest a degree of uncertainty regarding future price movement.
Ace Hot Topic Analysis
Analysis
SOL has experienced significant price fluctuations recently, leading to a large-scale liquidation event. Data shows that the total liquidation amount across all contracts reached $448 million in the past 24 hours, with long positions accounting for the majority at $328 million. The liquidation amount for SOL was $56.97 million, representing 12.69% of the total. In the past hour alone, the total liquidation amount across all contracts reached $10.25 million, with SOL liquidations accounting for $1.68 million, or 16.46% of the total. This suggests a strong bullish sentiment towards SOL in the market, but also significant price volatility, resulting in a large number of long position liquidations. It's important to note that these data are for reference only, and the actual situation may differ.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
SOL liquidation events mainly concentrated on long positions, indicating that the market's expectations for SOL price rise were too high, leading to a large number of longs being trapped.
The scale of SOL liquidation events is huge, reflecting the prevalence of speculative trading activities on SOL in the market.
SOL price rebounded after the liquidation events, indicating that market confidence in SOL has not been completely lost.
SOL liquidation events remind investors to operate cautiously, avoid excessive leverage trading, and control risks.