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Altcoins & DeFi

Solana Drops 2.51% in One Hour to $82.08 on Binance Spot

Image: TokenPost

Solana (SOL) dropped 2.51% in one hour to $82.08 on Binance spot trading at 10:47 a.m. ET Tuesday (15:47 UTC), while liquidations across three exchanges fell overwhelmingly on long positions. The SOL/USDT price was $84.19 at 9:47 a.m. ET on the same market, a $2.11 decline over the measured hour. SOL was down 6.63% over 24 hours at the later observation. The prices were calculated from directly collected public Binance spot quotes, using the same asset and exchange for the one-hour comparison. During that hour, $9.71 million in long positions were liquidated across Binance, Bybit and OKX, compared with $90,000 in short positions. The three-exchange tally puts long liquidations at more than 100 times short liquidations for the period. Those figures cover the measured hour on the three exchanges.

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