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Solana price drops to $70 amid $58M ETF outflows and $69M futures liquidations, testing key support levels.

Market News
15 Nov 2026, 09:32 WIB
CryptoTicker
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Bearish
Solana price drops to $70 amid $58M ETF outflows and $69M futures liquidations, testing key support levels.

Solana's price fell sharply to around $70, hitting a low of $67.55, driven by seven consecutive days of $58.3 million outflows from US spot Solana ETFs and forced liquidation of $69 million in leveraged long futures positions. This selling pressure has broken the key $71.89 support level, raising the likelihood of testing the next major support around $67.55 and potentially the yearly low near $62.18. The negative funding rate and ongoing ETF outflows suggest continued bearish sentiment, while the recent liquidation wave has already removed much leverage from the market. Investors should watch ETF flows and price action around $67 for signs of stabilization or further decline.

Solana's recent price drop ties into the ongoing challenges noted in the news, as it trades at Rp1.270.282 on Pluang with a 7.35% decline over the past day as of Nov 15, 2026, 14:51 WIB. The market cap stands at Rp760.19 trillion, and trading volume reached Rp96.54 trillion in the last 24 hours, reflecting active market participation despite the downward price movement. Pluang users show a 30% sell and 70% buy order split, holding Solana for an average of 73 days.

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