The derivatives market is brutal.
A long position worth $975,000 was liquidated at $SOL ; down 1.49% in 24 hours.
After a series of long liquidations, there should be less leveraged long exposure in the market. The price may stabilize once selling pressure has eased.
Are you leaning bullish or bearish from here?
A long position worth $975,000 was liquidated at $SOL ; down 1.49% in 24 hours.
After a series of long liquidations, there should be less leveraged long exposure in the market. The price may stabilize once selling pressure has eased.
Are you leaning bullish or bearish from here?