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Solana (SOL) price jumps 2.62% amid $7.7M short liquidations in one hour

Market News
02 Oct 2026
Tokenpost
View Source
Bullish
Solana (SOL) price jumps 2.62% amid $7.7M short liquidations in one hour

Solana (SOL) saw its price rise 2.62% to $123 within one hour on October 2, driven by $7.7 million in short position liquidations across Binance, Bybit, and OKX exchanges. The price increased from $120 an hour earlier and was up 3.50% over the past 24 hours. Liquidations occur when leveraged positions are forcibly closed due to unmet margin requirements, indicating strong buying pressure. Solana remains the seventh largest cryptocurrency by market capitalization, valued at about $71.35 billion.

Solana's price on Pluang is Rp2.203.124 as of Oct 02, 2026 12:02 WIB, showing a 3.09% increase over the past day, closely aligning with the article's reported 3.50% rise. The coin's market cap stands at Rp1.264,45 trillion, with a 24-hour trading volume of Rp59,78 trillion. Compared to its circulating supply of 588.1 million SOL, Pluang users currently lean slightly more towards selling (54%) than buying (46%), with a typical hold time of 70 days.

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