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Solana long-position liquidations hit $12.27M as price drops 2.6% from $106 to $104

Market News
12 Oct 2026
Tokenpost
View Source
Bearish
Solana long-position liquidations hit $12.27M as price drops 2.6% from $106 to $104

Solana (SOL) experienced $12.27 million in long-position liquidations within an hour as its price declined 2.6% from $106 to $104. Total liquidations for SOL during this period reached $12.31 million, with short-position liquidations making up only $40,000, indicating most traders betting on price increases were affected. These figures come from Binance, Bybit, and OKX exchanges and do not represent the entire market. No specific reason for the price drop was identified in the available data.

While Solana saw $12.27 million in long liquidations during a sharp price drop, on Pluang SOL trades at Rp1.860.857 with a 1-day decline of 6.36% as of Oct 13, 2026 07:21 WIB. This drop contrasts with its typical hold time of 71 days on Pluang, where buyers currently dominate with 68% of order activity. The market cap stands at Rp1.129,13 trillion, reflecting significant investor interest despite recent volatility.

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