#SOL Liquidation of $448 Million#

SOL has experienced significant volatility recently, leading to a large number of contract liquidations. Data shows that the total contract liquidation amount across the entire network reached $448 million in the past 24 hours, with $328 million in long liquidations, accounting for 73.21% of the total liquidation amount. The SOL liquidation amount was $56.97 million, accounting for 12.69% of the total liquidation amount. In the past hour, the total contract liquidation amount across the entire network was $10.25 million, with $8.16 million in long liquidations and $1.68 million in SOL liquidations, accounting for 16.46% of the total liquidation amount. This indicates that the SOL market has experienced significant fluctuations recently, with a large number of investors suffering losses in contract trading, primarily long positions. This may be related to the recent significant price rise of SOL, with many investors chasing the high price, leading to liquidations when the price retraces.