#SOL Liquidated $448 Million#
Hot Topic Overview
Overview
SOL has surged by 18.74% in the past 24 hours, reaching a current price of $261.06. However, this surge has been accompanied by massive liquidations, with total contract liquidations across the network reaching $448 million. The majority of liquidations were long positions, totaling $328 million. SOL liquidations amounted to $56.97 million, representing 12.69% of the total liquidations. It is worth noting that within the past hour, total contract liquidations across the network reached $10.25 million, with SOL liquidations accounting for $1.68 million, or 16.46% of the total. This indicates that despite the rise in SOL's price, market sentiment remains volatile, and liquidation risks persist.
Ace Hot Topic Analysis
Analysis
Recently, SOL has experienced significant volatility, leading to a large number of contract liquidations. Data shows that in the past 24 hours, the total contract liquidation amount across the entire network reached $448 million, with long positions accounting for $328 million, representing 73.21% of the total liquidation amount. The liquidation amount for SOL was $56.97 million, accounting for 12.69% of the total liquidation amount. It is worth noting that in the past hour, the total contract liquidation amount across the entire network also reached $10.25 million, with long positions accounting for $8.16 million, while the liquidation amount for SOL was $1.68 million. This indicates that the SOL market has been experiencing intense volatility recently, and investors need to exercise caution and control risks. Although the price of SOL has risen by 18.74% in the past 24 hours, liquidation events remind investors that market risks still exist and should not be taken lightly.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
The SOL liquidation event mainly focused on long positions, indicating that the market's expectation for SOL price to rise was too high, leading to excessive leverage operations by some investors.
The huge scale of SOL liquidation reflects the market's high expectations for SOL volatility and risk appetite.
SOL price rebounded after the liquidation event, indicating that the market remains optimistic about SOL's fundamentals.
The SOL liquidation event reminds investors that when engaging in contract trading, they should control the leverage ratio and avoid the risks associated with excessive leverage operations.