Solana Rises 4.31% in Four Hours to $111 as Shorts Lose $1.16M

Solana (SOL) rose 4.31% in four hours to $111 at 5:53 p.m. ET (21:53 UTC) on Oct. 8, reversing part of a broader 24-hour decline as short liquidations reached $1.16 million.

SOL was trading at $106 four hours earlier. The token remained down 3.95% over the previous 24 hours, leaving the short-term move out of step with its full-day performance.

Short liquidations totaled $1.16 million during the same one-hour period across Binance, Bybit and OKX, based on TokenPost’s own collection. Long liquidations totaled $0.

Solana ranked seventh among crypto assets by market capitalization at roughly $64.59068 billion. The price figures were calculated from publicly available spot-market data, using the Binance SOL/USDT market as the reference.