News
Solana (SOL) Map Shows $60 Million in Potential Long Liquidations
Yesterday, 2:09 PM·
Medium Pessimistic
Summary

Solana’s (SOL) liquidation map shows roughly $60 million in potential long liquidations clustered near $92, with about $16 million in potential short liquidations above that level. On Nov. 5, SOL fell 6.4% to around $89, touching its 200-day moving average (about $88.93) for the first time since August, after a Nasdaq chip sell-off triggered more than $1 billion in liquidations amid ongoing ETF outflows. In one hour, liquidations totaled $2.1 million in longs versus just $40,000 in shorts, consistent with the heavier downside exposure for leveraged longs.

Solana Falls 6.4% to Around $89, Touching 200-Day Line for First Time Since August

Solana (SOL) fell 6.4% to around $89 on November 5, touching its 200-day moving average for the first time since August, according to a report from cryptoticker.io.

The move came as a chip sell-off on the Nasdaq set off a broader market decline, amplified by more than $1 billion in liquidations and ongoing ETF outflows.

Liquidation Map

  • Roughly $60 million in potential long liquidations is clustered near $92.
  • About $16 million in potential short liquidations sits above that level.
  • In one hour, liquidations totaled $2.1 million in longs versus just $40,000 in shorts — consistent with heavier downside exposure for leveraged longs.

The 200-day line stood at about $88.93, a level SOL had not tested since August.