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Solana (SOL) drops 2.36% in one hour amid $1.05M long liquidations on major exchanges

Market News
20 Oct 2026
Tokenpost
View Source
Bearish
Solana (SOL) drops 2.36% in one hour amid $1.05M long liquidations on major exchanges

Solana (SOL) experienced a sharp 2.36% price drop within one hour, falling to $105 on October 20. This decline was driven by long position liquidations totaling $1.05 million across Binance, Bybit, and OKX, significantly outweighing short liquidations of $210,000. Despite this hourly volatility, SOL's 24-hour price change was minimal at -0.03%, showing stability over the day. As the seventh-largest cryptocurrency by market cap at about $63.38 billion, this sudden dip highlights short-term market fluctuations rather than a sustained trend.

Solana trades at Rp1.910.297 on Pluang as of Oct 21, 2026 08:11 WIB, showing a 1.22% gain over the past day. The market cap stands at Rp1.132,46 trillion with a 24-hour volume of Rp48,36 trillion. Pluang users have a balanced order activity with 52% selling and 48% buying, holding their positions typically for 71 days.

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