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Solana sees $10.85M in liquidations as price drops 2.63% in one hour

Technical Signals
07 Nov 2026, 01:20 WIB
Tokenpost
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Bearish
Solana sees $10.85M in liquidations as price drops 2.63% in one hour

Solana (SOL) experienced $10.85 million in liquidations within one hour ending at 10 a.m. ET on Nov. 5, mostly from long positions totaling $10.83 million. The price of SOL fell 2.63%, dropping from $95.41 to $92.90 during this period. These liquidations were recorded across Binance, Bybit, and OKX exchanges, reflecting significant market activity but not the entire market. Solana remains the seventh largest cryptocurrency by market capitalization despite this volatility.

As of Nov 07, 2026 06:31 WIB, Solana (SOL) trades at Rp1.630.475 on Pluang, showing a modest 1-day gain of 0.62%. Despite the recent sharp liquidation event reported on Nov. 5, SOL maintains strong market interest with a market cap of Rp963,62 trillion and a 24-hour trading volume near Rp48,99 trillion. Pluang users currently favor buying SOL with 64% of order activity, and the typical hold time is 72 days, indicating steady investor confidence.

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