Solana (SOL) Hits Lowest Level in 2.5 Years as $88 Million in Longs Get Liquidated

Jun 4, 2026 - 13:45
Solana (SOL) Hits Lowest Level in 2.5 Years as $88 Million in Longs Get Liquidated
Solana (SOL) dropped to its lowest price since December 2023 this week, sliding toward $68 as more than $88 million in leveraged positions were wiped out across the market. Long traders absorbed almost all of the damage. On-chain activity and social interest had been weakening for months before the breakdown, which suggests the selloff reflected...

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