Add as a preferred source on GoogleSolana Drops 2.51% in One Hour to $82.08 on Binance Spot
Long liquidations totaled $9.71 million across Binance, Bybit and OKX during the same hour, compared with $90,000 in short liquidations.
Solana (SOL) dropped 2.51% in one hour to $82.08 on Binance spot trading at 10:47 a.m. ET Tuesday (15:47 UTC), while liquidations across three exchanges fell overwhelmingly on long positions.
The SOL/USDT price was $84.19 at 9:47 a.m. ET on the same market, a $2.11 decline over the measured hour. SOL was down 6.63% over 24 hours at the later observation. The prices were calculated from directly collected public Binance spot quotes, using the same asset and exchange for the one-hour comparison.
During that hour, $9.71 million in long positions were liquidated across Binance, Bybit and OKX, compared with $90,000 in short positions. The three-exchange tally puts long liquidations at more than 100 times short liquidations for the period. Those figures cover the measured hour on the three exchanges.
Solana was the seventh-largest cryptocurrency by market capitalization, at about $50.12 billion.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.