According to a ChainCatcher report, Coin Bureau posted on the X platform stating that the latest liquidation data shows that if the price of SOL rises by 10%, short positions worth $217 million could be liquidated; if the price drops by 10%, long positions worth $183 million would face liquidation risks. Currently, the price of SOL is fluctuating around $132, with a high concentration of leveraged long and short positions.
10% Move in SOL Price Could Trigger $400M in Leveraged Position Liquidations
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Summary
Value investing in the crypto market continues to face pressure, as price movements in Solana (SOL) indicate significant leverage exposure. A 10% price increase could liquidate $217 million in short positions, while a 10% decline might trigger $183 million in long liquidations. SOL is currently trading near $132, with leveraged positions tightly concentrated. Price behavior suggests traders are closely monitoring for potential shifts in volatility.
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