Solana Liquidity Plummets to Bear Level Territory Amid $500M Liquidation Overhang – Decrypt
In brief Solana’s 30-day profit/loss ratio has been below one since mid-November, signaling more losses are being realized than profits. The major altcoin is in a “full liquidity reset,” a pattern that has historically preceded bottoming phases, according to on-chain analysts. Roughly $500 million in leveraged long positions face liquidation if Solana’s price falls to...
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