🔥🔥🔥Solana on the brink of liquidation!
$500M heavily leveraged long positions under threat as it falls to $129 ⚡
30-day profit/loss ratio <1 – exceeding losses and reducing liquidity.
💹 Bullish factors:
• Outflow of SOL from exchanges → less supply.
• Spot ETFs $SOL +$17.7M this week.
• Opportunity for strategic accumulation and network upgrades.
⚡ Risks:
• High leverage: $432M liquidated in 24 hours.
• $15.6M $SOL liquidated after a short-term bounce.
🔥 Opportunities:
• +3% $SOL → closure of $110M short → bounce momentum.
Short-term – the market is noisy, long-term – moderately bullish.
SOL
137.63
-0.05%