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Solana (SOL) Gains 2.18% in an Hour as Short Liquidations Reach $540,000

SOL was still down 5.34% over 24 hours at 4:02 a.m. ET (09:02 UTC); a later snapshot put it at $72.34 as of 09:16 UTC.

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A token-shaped disc and two price traces represent a brief rebound in the global cryptocurrency market / TokenPost.ai
A token-shaped disc and two price traces represent a brief rebound in the global cryptocurrency market / TokenPost.ai

Solana (SOL) rose 2.18% in an hour on Binance Sunday, while short liquidations across three exchanges topped long liquidations, pairing a brief rebound with a still-negative daily reading.

At 4:02 a.m. ET (09:02 UTC), Binance’s SOL/USDT spot pair quoted the token at $71.37, up from $69.85 an hour earlier. Its 24-hour reading was down 5.34%, showing that the one-hour gain did not reverse the broader daily decline. The hourly increase and daily decline cover separate intervals.

Short-side liquidations came to $540,000 during the hour, compared with $10,000 for long positions. The price reading is from Binance’s SOL/USDT spot market, while the liquidation data covers Binance, Bybit and OKX.

CoinGecko and exchange spot data put SOL at $72.34 as of 09:16 UTC, down 4.23% over 24 hours. This later snapshot came 14 minutes after the earlier Binance observation that morning.

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