After the midterm bounce faded and long liquidations spiked past $400M in just a few hours (with SOL taking a heavy hit while still showing ~75% long bias), what does that crowded positioning actually reveal about how fragile the recovery was? And if funding stays positive even after the flush, what does that force you to watch next before any new move?
SOL LONGS JUST GOT COOKED
$400M+ longs wiped in 4 hours.
SOL slammed back near $90 after the midterm pump faded.
Funding still positive longs still paying the bill.
Is the cascade finished or is more leverage about to go?
$SOL
$ETH
Watch whether the long/short ratio resets after a flush like this crowded longs rarely survive the next leg.
SOL LONGS JUST GOT COOKED
$400M+ longs wiped in 4 hours.
SOL slammed back near $90 after the midterm pump faded.
Funding still positive longs still paying the bill.
Is the cascade finished or is more leverage about to go?
$SOL
$ETH
Watch whether the long/short ratio resets after a flush like this crowded longs rarely survive the next leg.
