# Solana Drops 3.60% in Four Hours to $98.94 on Binance Spot

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/43841
Published: 2026-10-29T20:12:49.000Z
Updated: 2026-10-29T20:12:49.000Z
Section: Investing

> SOL was down 4.25% over 24 hours. A one-hour tally across Binance, Bybit and OKX recorded $3.12 million in long liquidations and $120,000 in shorts.

Solana (SOL), ranked seventh by market capitalization at about $59,117,840,000, fell 3.60% in four hours to $98.94 at 4:05 p.m. ET Oct. 29 (20:05 UTC).

SOL traded at $103 four hours earlier on Binance’s SOL/USDT spot market. The $98.94 reading came from the same venue and pair, preserving a like-for-like four-hour comparison. Over 24 hours, SOL was down 4.25%, a separate measurement window from the four-hour drop.

The one-hour liquidation tally across Binance, Bybit and OKX showed $3.12 million in long liquidations and $120,000 in short liquidations. The totals show more value in closed long positions than in shorts during that one-hour period.

The price quote is a point-in-time figure from one spot market, while the liquidation totals cover a separate one-hour period across the three exchanges.