According to a Odaily by Coin Bureau on the X platform, the latest liquidation data shows that if the price of SOL rises by 10%, short positions worth $217 million may be liquidated; if the price falls by 10%, long positions worth $183 million are at risk of liquidation. Currently, the price of SOL is fluctuating around $132, with a dense accumulation of leveraged positions on both the long and short sides.
Analysis: A 10% price fluctuation in SOL will affect the liquidation of $400 million in leveraged positions.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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