SanDisk (SNDK) is down 4% today. Binance quotes it at $1,531.73. Multiple exchanges including OKX, Gate, and Bitget are all down between 3.97% and 4.04%, with consistent price action—this doesn’t look like a mere wick.
Liquidations are concentrated among longs: over the past hour, SanDisk saw $2.84 million liquidated, with $2.83 million from longs—nearly 100%. Over 4 hours, liquidations totaled $3.9 million, with $3.89 million from longs. Over 24 hours, liquidations reached $4.6 million, with $4.3 million from longs (94%). This leg of the move has essentially had little participation from shorts.
During the same period, total liquidations of stock-based contracts across the whole network were $4.45 million. SanDisk alone accounted for more than 60%, making it the absolute star of today’s stock liquidation leaderboard. Open interest is $521 million, spanning 17 exchanges. This drop is real—backed by substantial long positions—not a fake selloff caused by thin liquidity.
Live data: https://www.coinboss.com/exchange-stocks
Liquidations are concentrated among longs: over the past hour, SanDisk saw $2.84 million liquidated, with $2.83 million from longs—nearly 100%. Over 4 hours, liquidations totaled $3.9 million, with $3.89 million from longs. Over 24 hours, liquidations reached $4.6 million, with $4.3 million from longs (94%). This leg of the move has essentially had little participation from shorts.
During the same period, total liquidations of stock-based contracts across the whole network were $4.45 million. SanDisk alone accounted for more than 60%, making it the absolute star of today’s stock liquidation leaderboard. Open interest is $521 million, spanning 17 exchanges. This drop is real—backed by substantial long positions—not a fake selloff caused by thin liquidity.
Live data: https://www.coinboss.com/exchange-stocks
