SOL liquidation amount has exceeded 20 million US dollars in the past 24 hours

With the short-term fluctuations of Solana (SOL), according to coinglass data, the liquidation amount of SOL in the past 24 hours has reached 21.51 million US dollars. At the time of writing this article, according to Binance market data, SOL fell to 27.12 BUSD, a 24-hour drop of more than 15.65%.​

According to DefiLlama data, SOL on the lending protocol Solend is at $24.464, and may face a large on-chain liquidation of 2.6 million SOL (approximately $57 million).