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Solana Falls 2.61% in an Hour to $82.43 on Binance Spot

The same hour recorded $3.14 million in long liquidations across Binance, Bybit and OKX, with $0 in short liquidations.

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A metal token rests at the foot of a steep red ramp / TokenPost.ai
A metal token rests at the foot of a steep red ramp / TokenPost.ai

Solana (SOL) fell 2.61% in the hour to 6:15 p.m. ET (23:15 UTC) Wednesday, Nov. 11, to $82.43 on Binance spot, based on TokenPost's collected SOL/USDT prices.

The comparison uses two Binance spot SOL/USDT readings one hour apart: $84.64 at 5:15 p.m. ET and $82.43 at 6:15 p.m. ET. TokenPost collected the exchange prices directly, and the hourly percentage reflects the change between those observations. SOL was down 0.46% over 24 hours, a smaller decline than its move in the latest hour.

TokenPost's liquidation aggregation across Binance, Bybit and OKX recorded $3.14 million in long liquidations during that same hour and $0 in short liquidations. Long positions are trades that benefit when an asset's price rises, while short positions benefit when it falls. The liquidation tally spans the three exchanges, whereas the price comparison uses Binance spot alone.

Solana ranked seventh by market capitalization at about $50.03 billion. The market-cap ranking and dollar value provide broader size context than the one-hour spot quote.

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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