Digital Currency

Add as a preferred source on Google

Solana (SOL) Map Puts $60 Million in Potential Long Exposure Below $92

Estimated short liquidations totaled $16 million above the roughly $92 reference. The largest individual long-side cluster was about $17 million near $71.

Updated 1 min read
A liquidation map shows heavier potential long exposure below Solana's reference level. / EconoTimes.ai
A liquidation map shows heavier potential long exposure below Solana's reference level. / EconoTimes.ai

Solana's liquidation map points to a much larger concentration of leveraged long exposure at lower price levels, with estimated long liquidations totaling $60 million compared with $16 million for shorts.

The long-side estimate covered levels below a reference near $92, while the short-side figure applied above it. The roughly four-to-one gap describes potential position closures, not liquidations already recorded.

Potential short-side levels appeared at $98, $103 and $109, while the map put its largest long-side cluster, about $17 million, near $71 and another around $85. A separate $5 million position level appeared near $85.12.

Among positions above $1 million, the map showed 88% long; the bullish share for smaller positions was 59%. Daily technical readings included an RSI of 27.57 and a MACD of -4.209, against a -3.363 signal line and a -0.846 histogram. SOL was $95.25 as of 14:10 UTC.

The estimates identify levels where leveraged positions may be closed; they do not tally completed liquidations or set expectations for SOL's price. An earlier EconoTimes report on Solana short liquidations covered $5.69 million in positions closed across three exchanges during a one-hour price rise on Nov. 4.

Related articles

View all