#SOL Liquidations Exceed $400 Million#
Hot Topic Overview
Overview
SOL experienced a significant surge in the past 24 hours, rising by a whopping 18.74% to reach $261.06. However, this surge was accompanied by massive liquidations, with total contract liquidations across the entire network reaching $448 million. Of this amount, $328 million in longs were liquidated, 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 in longs liquidated and SOL liquidations reaching $1.68 million, representing 16.46% of the total. This indicates that despite the significant price surge in SOL, market sentiment remains cautious, with long positions being heavily liquidated, indicating that market risk still persists.
Ace Hot Topic Analysis
Analysis
SOL's recent price surge has triggered a massive liquidation event. According to data, the total liquidation amount across all contracts in the past 24 hours reached $448 million, of which $328 million were long positions, accounting for 73.21% of the total liquidation amount. SOL liquidations amounted to $56.97 million, representing 12.69% of the total liquidation amount. In the past hour, the total liquidation amount across all contracts was $10.25 million, of which $8.16 million were long positions, accounting for 79.51% of the total liquidation amount. SOL liquidations amounted to $1.68 million, representing 16.46% of the total liquidation amount. This indicates that the rapid rise in SOL's price recently has resulted in a large number of long positions being forcibly liquidated, leading to massive liquidation. It is worth noting that the data is for reference only and the actual situation may vary.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
SOL blow-up events are mainly concentrated on long positions, indicating that the market's expectations for SOL price increases are too high, leading to a large number of longs being liquidated.
The scale of SOL blow-up events is huge, with over $400 million liquidated in the past 24 hours, reflecting the volatility and high risk of the market.
SOL price rebounded after the blow-up event, indicating that the market still has confidence in SOL, but also reminding investors to operate cautiously.
The blow-up event may be related to the recent price fluctuations and market sentiment changes of SOL, investors need to pay attention to the market dynamics and adjust their investment strategies in time.