🔥Solana blood flows like a river! Pretending to be calm at $137, with $500 million long positions hanging on the edge of the $129 liquidation cliff, the sword of Damocles of leverage is about to fall, will the bull market at the beginning of 2026 be cut in half?🔥
While Bitcoin struggles to pull the market up, Solana is slowly declining as if its blood has been drained, with the spot price at $137 pretending to be calm, on-chain data reveals the brutal truth: capital is quietly fleeing, and the $500 million high-leverage long positions are approaching the $129 liquidation abyss! A further drop of 5.5% will trigger a chain explosion of liquidations, and the market will witness the biggest slaughter at the beginning of 2026!
Glassnode's data is bloody: since mid-November, the "realized profit and loss ratio" has been long-term below 1, with the loss amounts completely crushing profit-taking, this is the brutal "liquidity reset"! Panic-stricken retail investors are fleeing wildly, while long-term players are picking up the pieces in the dark. BitGet analyst Ryan Lee bluntly stated: the sword of Damocles at $129 falling is the true healthy "detox"! Only by thoroughly cleaning up the excess leverage can institutions enter cleanly!
What's even more terrifying is that derivatives are tense to the extreme, while the spot market is completely diverging: this week, Solana spot ETF has a net inflow of $18 million, exchange tokens are continuously flowing out to cold wallets, and smart money is taking advantage of the chaos to buy low, laying out for 2026! Referring to the deleveraging path in April this year, this wave of cleansing only needs four weeks, and a new round of liquidity cycle will restart in early January!
Brothers, a short-term spike to $129 may be bloody, but that is the only way to the great bull market of 2026! If you can't hold on, you'll be liquidated; if you can hold on, it’s the vacuum launch area for institutional takeovers! Now is not the time to escape, but a life-and-death choice of whether to pick up cheap or be liquidated! Do you dare to go against the trend and bottom fish in this silent storm, or wait to be caught in the $500 million liquidation wave
#加密市场反弹
$BTC
{spot}(BTCUSDT)
$ETH
{spot}(ETHUSDT)
$SOL
{spot}(SOLUSDT)