Conclusion first: In the past four hours, SOL liquidations totaled 1.46 million; 99.7% of them were shorts. People chasing the downside have been cleared out first.
This isn’t just small noise: in the 138 liquidation orders over the last four hours, shorts were pushed out for 1.46 million, while longs only liquidated $4,664—direction is almost one-sided. In the last hour alone, liquidations hit 220k, even more extreme: all 6 were shorts.
24-hour total liquidation of 1.87 million, with shorts accounting for 94.3%. The entire network’s SOL futures open interest is about $5.14 billion; in the past 24 hours it only fell by 0.68%. This suggests that after the liquidations, leverage has not clearly receded, so be careful if you continue chasing shorts.
$SOL $ETH
Shorts have been continuously liquidated—do you think this squeeze on SOL can keep going?
View in real time：https://www.coinboss.com/zh/liquidations/SOL