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Solana (SOL) drops 2.5% in an hour with $9.7M long positions liquidated on major exchanges

Market News
10 Nov 2026, 17:51 WIB
Tokenpost
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Bearish
Solana (SOL) drops 2.5% in an hour with $9.7M long positions liquidated on major exchanges

Solana (SOL) experienced a 2.51% price drop within one hour on Binance, falling from $84.19 to $82.08. During this period, $9.71 million worth of long positions were liquidated across Binance, Bybit, and OKX, vastly outnumbering the $90,000 in short position liquidations. Over 24 hours, SOL's price declined by 6.63%, reflecting significant selling pressure. As the seventh-largest cryptocurrency by market cap at about $50.12 billion, this price movement and liquidation activity highlight volatility and potential risk for investors.

Solana trades at Rp1.490.376 on Pluang, down 6.18% over the past day as of Nov 10, 2026 23:03 WIB, with a strong sell sentiment of 73% among users. The platform shows a market cap of Rp887.9 trillion and a 24-hour trading volume of Rp47.02 trillion, indicating active participation despite the recent price drop. This aligns with the article's note of significant volatility and liquidation activity in Solana.

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