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Solana Drops 4.00% in Four Hours to $69.82 as 24-Hour Loss Reaches 11.44%

One-hour SOL liquidations totaled $13.89 million in long positions across Binance, Bybit and OKX, compared with $420,000 in short positions.

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

Solana (SOL) fell 4.00% in four hours to $69.82 at 4:52 p.m. ET Saturday (21:52 UTC), based on a direct collection of Binance spot SOL/USDT quotes. The pair stood at $72.73 four hours earlier.

The 24-hour comparison showed an 11.44% decline. The $69.82 figure is a spot quote for Binance's SOL/USDT pair at the stated observation time; the percentage moves compare its readings across the listed periods.

One-hour SOL liquidations across Binance, Bybit and OKX totaled $13.89 million in long positions, compared with $420,000 in short positions. Those liquidation totals cover a different time window from the 24-hour price change and combine three exchanges, while the price quote comes from Binance alone.

Solana ranked seventh by market capitalization, at about $41,449,710,000. That valuation describes a different measure from the $69.82 spot price, which applies to one trading pair at one observation time on Binance's spot market for SOL.

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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