#SOL liquidations reach $448 million.#
Hot Topic Overview
Overview
SOL experienced a significant surge in the past 24 hours, with its price rising by 18.74% to reach $261.06. However, this rally was accompanied by massive liquidations, with total contract liquidations across the network reaching $448 million. Among them, long positions liquidated amounted to $328 million, while SOL liquidations reached $56.97 million, accounting for 12.69% of the total liquidations. In the past hour, total contract liquidations across the network also reached $10.25 million, with long positions liquidating $8.16 million and SOL liquidations reaching $1.68 million, accounting for 16.46% of the total liquidations. This indicates that despite the price rise of SOL, market sentiment remains volatile, and investors need to be cautious in their operations.
Ace Hot Topic Analysis
Analysis
SOL experienced a significant surge in the past 24 hours, with the price rising by 18.74% to reach $261.06. However, this surge was accompanied by massive liquidations, with total contract liquidations across the network reaching $448 million. Of this amount, $328 million was from long positions, accounting for 73.21% of the total liquidations. SOL liquidations amounted to $56.97 million, representing 12.69% of the total. In the past hour, total contract liquidations across the network reached $10.25 million, with $8.16 million from long positions and $1.68 million from SOL liquidations, accounting for 16.46% of the total. This indicates that despite the significant price increase in SOL, market sentiment remains cautious, with a large number of long positions being liquidated. This may be related to concerns about the future trajectory of SOL.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
SOL liquidation events are mainly concentrated on long positions, indicating a high bullish sentiment towards SOL in the market, but also a high risk.
The scale of SOL liquidation events is huge, with a total of $448 million liquidated in the past 24 hours, reflecting the intense market volatility.
SOL price remains on an upward trend after the liquidation events, suggesting that market confidence in SOL remains strong.
The liquidation events may be related to SOL price fluctuations and market sentiment changes. Investors need to be cautious and control risks.