Solana Long Liquidations Reach $10.83 Million in One Hour

Solana (SOL) recorded $10.85 million in liquidations in the hour ending at 10 a.m. ET (15:00 UTC) Nov. 5, including $10.83 million in long positions.

Of the total, $10.83 million was on the long side and $20,000 on the short side. The amounts sum to the reported $10.85 million total, with long liquidations making up nearly all of the activity counted.

The count combines public liquidation records from Binance, Bybit and OKX. It covers those three exchanges, not the full market.

SOL's price fell from $95.41 to $92.90 during the same hour, a 2.63% decline. The price change and liquidation count refer to the same one-hour observation window. Solana was listed seventh by market capitalization, a separate measure from liquidation volume.