As reported by Foresight News, figures from SoSoValue show that Solana (SOL) spot ETFs recorded a net inflow of $46.88 million during the trading period from January 12 to January 16 (Eastern Time). The Bitwise Solana Spot ETF (BSOL) attracted the highest weekly inflow at $32.23 million, increasing its cumulative net inflows to $680 million. Meanwhile, the Fidelity SOL ETF (FSOL) posted a weekly net inflow of $10.97 million, bringing its total historical inflows to $142 million. In contrast, the 21Shares SOL ETF (TSOL) experienced the largest weekly net outflow of $725,800, with cumulative net outflows amounting to $102 million.
✅ In the past 24 hours, $522 million has been liquidated in the crypto market, of which $438 million came from short positions and $84 million from long positions.
This is a clear indication that the market badly trapped short sellers, and the sudden price movement caused losses even for large players.