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Solana Falls 5.27% in Four Hours to $94.04 on Binance Spot

SOL was down 8.16% over 24 hours; one-hour liquidations totaled $12.46 million in long positions and $20,000 in shorts.

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An unmarked metal token rests on a sharply sloping surface / TokenPost.ai
An unmarked metal token rests on a sharply sloping surface / TokenPost.ai

Solana (SOL) dropped 5.27% in four hours to $94.04 at 8:20 p.m. ET Thursday, Oct. 29 (00:20 UTC Oct. 30), extending its 24-hour decline to 8.16%.

On Binance’s public SOL/USDT spot market, SOL traded at $99.27 at 4:20 p.m. ET Thursday and $94.04 four hours later.

Across Binance, Bybit and OKX, SOL liquidations totaled $12.46 million in longs and $20,000 in shorts during the same one-hour period. Long liquidations were far greater than short liquidations in the reported interval.

Solana ranked seventh by market capitalization, with an estimated valuation of about $56,975,910,000. The four-hour price change and 24-hour move are measured against separate starting points, and the one-hour liquidation tally uses a three-exchange aggregate.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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