$SOL
The crypto market is under heavy pressure, and $SOL is becoming one of the biggest battlegrounds right now. At $89.22, nearly 181 whale wallets are trapped with more than $4.23M in unrealized losses from their $92.48 average entry.
Meanwhile, bearish traders are dominating the market, with profitable short positions gaining over $3.32M. Despite this, the long/short ratio still remains heavily bullish with more than $115M positioned on the buy side.
If these trapped long positions begin to panic sell, SOL could face a sharp liquidation move in the coming hours as volatility continues to rise before the next funding reset.
$SOL
#solana #BinanceSquare #sol #crypto #CryptoTrading.
The crypto market is under heavy pressure, and $SOL is becoming one of the biggest battlegrounds right now. At $89.22, nearly 181 whale wallets are trapped with more than $4.23M in unrealized losses from their $92.48 average entry.
Meanwhile, bearish traders are dominating the market, with profitable short positions gaining over $3.32M. Despite this, the long/short ratio still remains heavily bullish with more than $115M positioned on the buy side.
If these trapped long positions begin to panic sell, SOL could face a sharp liquidation move in the coming hours as volatility continues to rise before the next funding reset.
$SOL
#solana #BinanceSquare #sol #crypto #CryptoTrading.