#SOL liquidation exceeds \$400 million#
Hot Topic Overview
Overview
SOL experienced a significant surge in the past 24 hours, with its price rising 18.74% to reach $261.06. However, this surge was accompanied by massive liquidations, with total contract liquidations across the entire network reaching $448 million. Most of these liquidations were long positions, and SOL liquidations amounted to $56.97 million, accounting for 12.69% of the total. Liquidation activity eased in the past hour, with total contract liquidations reaching $10.25 million and SOL liquidations at $1.68 million, representing 16.46% of the total. Nonetheless, SOL's liquidation situation remains worrisome, and investors should exercise caution.
Ace Hot Topic Analysis
Analysis
SOL has experienced significant price fluctuations recently, leading to a large number of contract liquidations. According to data, 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. SOL liquidations amounted to $56.97 million, representing 12.69% of the total liquidations. In the past hour, the total liquidation amount across all contracts was $10.25 million, with SOL liquidations reaching $1.68 million, representing 16.46% of the total. This indicates that SOL's price volatility has had a significant impact on the contract market, forcing many long-position investors to close their positions, resulting in significant losses. It is worth noting that these data are for reference only, and actual situations may vary.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
SOL price surged significantly, leading to a large number of liquidations for long positions
The amount of liquidations for long positions is huge, with over $400 million liquidated in the past 24 hours
SOL liquidations are mainly concentrated in long positions
Liquidation data is for reference only and does not represent market trends