#SOL liquidations reached $328 million#

Recently, the sharp rise in SOL prices has triggered a massive liquidation event for long positions. Data shows that in the past 24 hours, the total liquidation amount across all exchanges reached $448 million, with long positions accounting for $328 million, representing 73.21% of the total. Even in the past hour alone, the total liquidation amount reached $10.25 million, with long positions accounting for $8.16 million, representing 79.41% of the total. This indicates a strong bullish sentiment towards SOL prices in the recent market, but it also comes with significant risks. Due to the significant price fluctuations, many investors have been caught in the rally and subsequently liquidated, ultimately leading to a large-scale liquidation of long positions. It is worth noting that these data are for reference only, and the actual situation may vary. Investors should carefully analyze market conditions, control risks, and avoid blindly chasing rallies when investing.