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Solana (SOL) price drops 2.05% to $104 amid $1.8M long position liquidations on major exchanges

Market News
16 Oct 2026
Tokenpost
View Source
Bearish
Solana (SOL) price drops 2.05% to $104 amid $1.8M long position liquidations on major exchanges

Solana (SOL) experienced a 2.05% price decline within one hour, reaching $104 on Binance's spot market as of Oct. 16. Over the same period, long position liquidations totaled $1.8 million across Binance, Bybit, and OKX, while no short positions were liquidated. Solana remains the seventh largest cryptocurrency by market capitalization, valued at approximately $61.7 billion. This price movement and liquidation activity highlight ongoing volatility in the crypto market for SOL investors.

Following Solana's recent price drop noted in the news, on Pluang as of Oct 17, 2026 09:21 WIB, SOL trades at Rp1.870.028 with a 1-day decline of 0.81%. The market cap stands at Rp1.109,9 trillion, and trading volume over 24 hours reaches Rp45,93 trillion. Pluang users show a buying preference with 60% buy orders and a typical holding period of 71 days, indicating steady investor interest despite short-term volatility.

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