#SOL liquidated $448 million#
Hot Topic Overview
Overview
SOL experienced a significant surge in the past 24 hours, with the price increasing by 18.74% to reach $261.06. However, this surge was accompanied by massive liquidations, with a total of $448 million in liquidated contracts across the entire network. Of this amount, $328 million was in long positions, accounting for 73.21% of the total liquidated amount. SOL liquidations reached $56.97 million, accounting for 12.69% of the total liquidations. In the past hour, total liquidations across the network amounted to $10.25 million, with $8.16 million in long positions and $1.68 million in SOL liquidations, representing 16.46% of the total liquidations. This indicates that despite the price increase in SOL, market sentiment remains cautious, with investors holding divergent opinions on the future price movement, leading to a significant number of long positions being liquidated.
Ace Hot Topic Analysis
Analysis
SOL has recently seen a significant price surge, rising by 18.74% in the past 24 hours, currently trading at $261.06. However, this rally has resulted in massive liquidations, with the total liquidation amount across all contracts reaching $448 million. Among this, long positions accounted for a staggering $328 million, representing 73.21% of the total liquidations. SOL liquidations amounted to $56.97 million, contributing 12.69% to the overall liquidations. In the past hour, the total liquidation amount across all contracts reached $10.25 million, with $1.68 million of it attributed to SOL, representing 16.46% of the total liquidations. This indicates that SOL has experienced significant price volatility recently, urging investors to exercise caution, avoid excessive leverage, and manage risk effectively.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
SOL margin call events are mainly concentrated on long positions, indicating that there is a divergence in market expectations for SOL prices. Some investors are overly optimistic, leading to margin calls.
The huge scale of SOL margin calls reflects the volatility of the market. Investors need to operate cautiously and control risks.
SOL prices remain on an upward trend after the margin call events, indicating that the market remains optimistic about the long-term prospects of SOL.
Margin call events may be related to the rapid rise in SOL prices recently. Investors should rationally analyze market conditions and avoid blindly chasing the rise.