SOL Price Fluctuations Could Trigger Significant Liquidations

According to Odaily, Coin Bureau recently shared on the X platform that the latest liquidation data indicates a potential risk for SOL traders. If the price of SOL increases by 10%, short positions valued at $217 million could face liquidation. Conversely, a 10% decrease in price could put long positions worth $183 million at risk. Currently, SOL is trading around $132, with leveraged positions densely stacked on both sides.