Solana (SOL) rose 2.20% to $95.82 on Binance in one hour, while three exchanges recorded $870,000 in short liquidations and $20,000 in long liquidations over the same period.
Binance’s spot market for Solana and Tether (USDT) quoted SOL at $95.82 at 11:03 p.m. ET Thursday, Oct. 29 (03:03 UTC Friday). An hour earlier, the same pair was at $93.76, a $2.06 increase over the interval.
Across Binance, Bybit and OKX, short liquidations were valued at $870,000, against $20,000 for long liquidations. The difference between the two totals was $850,000.
As of 03:15 UTC Friday, Oct. 30, SOL traded at $95.62, down 4.13% over 24 hours, according to CoinGecko and exchange spot data. The hourly rise and 24-hour decline cover different periods.
The report put Solana’s market capitalization at about $56.04 billion, ranking it seventh among crypto assets.
