Solana (SOL) Price: Can Bulls Defend $100 After a $959M Liquidation Flush?
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TLDR SOL is trading near $101.56 after dipping to $100.43, down about 2.5% on the day. U.S. spot Solana ETFs saw $1.29 million in outflows on Oct. 14, an eighth straight session of withdrawals. About $959 million in crypto positions were liquidated in 24 hours, with $879.71 million of that in longs. The Alpenglow upgrade is set to go live on mainnet on Oct. 21, targeting 150-millisecond finality. Analyst Jesse Olson says SOL has hit target 2 of 4 in his retracement setup. Solana (SOL) is trading near $101.56 on the Oct. 15 Coinbase daily chart. Another selloff pushed the price below its rising channel and through the $105 area. SOL opened near $104.18 and reached $104.75 before falling as low as $100.43.
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