A wave of leveraged positions has been liquidated.
$SOL 's long position was liquidated for $1.19 million; 24h: -6.48%.
After the concentrated liquidation of long positions, there should be less long-side leverage in the market. A rebound may be possible once selling pressure fades.
Leave a comment with your prediction, and we'll review it in a few days.
$SOL 's long position was liquidated for $1.19 million; 24h: -6.48%.
After the concentrated liquidation of long positions, there should be less long-side leverage in the market. A rebound may be possible once selling pressure fades.
Leave a comment with your prediction, and we'll review it in a few days.