#币安推出binanceintelligence Buddy, ORCA took off today, surging 21.54% to $2.42. It’s up 42.61% in 7 days, 87.91% in 30 days, and 22.73% over the past year. This rebound has been seriously strong.
Looking at liquidation data, $202.4K in short positions were liquidated over the past 24 hours, compared with just $121.6K in long positions—a wave of short squeezes. The long/short ratio is 1.33, while large-holder positioning is at 0.98, so there’s quite a bit of disagreement in the market. Still, the price just keeps pushing higher.
Orca is a well-established DEX in the Solana ecosystem, and this rally is clearly tracking the recovery in on-chain activity on Solana. If it can hold above the $2.40 level, the next target is $2.60. The short-term run-up has been sharp, so don’t chase it—wait for a pullback near $2.20 before reassessing.
Looking at liquidation data, $202.4K in short positions were liquidated over the past 24 hours, compared with just $121.6K in long positions—a wave of short squeezes. The long/short ratio is 1.33, while large-holder positioning is at 0.98, so there’s quite a bit of disagreement in the market. Still, the price just keeps pushing higher.
Orca is a well-established DEX in the Solana ecosystem, and this rally is clearly tracking the recovery in on-chain activity on Solana. If it can hold above the $2.40 level, the next target is $2.60. The short-term run-up has been sharp, so don’t chase it—wait for a pullback near $2.20 before reassessing.
