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Solana (SOL) drops 2.9% in an hour, extending 24-hour loss to 6.11% amid $15.85M long liquidations.

Market News
08 Oct 2026
Tokenpost
View Source
Bearish
Solana (SOL) drops 2.9% in an hour, extending 24-hour loss to 6.11% amid $15.85M long liquidations.

Solana (SOL) experienced a sharp price decline of 2.90% within one hour, falling from $113 to $109 as of 11:33 a.m. ET on October 8. This drop extended its 24-hour loss to 6.11%. The decline coincided with significant long liquidations totaling $15.85 million across major exchanges Binance, Bybit, and OKX, while short liquidations were minimal at $50,000. Solana remains the seventh largest cryptocurrency by market capitalization, valued at approximately $66 billion. This price movement reflects increased selling pressure and forced closures of leveraged long positions, which could influence short-term market sentiment for SOL.

As of Oct 08, 2026 22:52 WIB, Solana (SOL) trades on Pluang at Rp1.964.413, down 5.76% over the past day. The market cap stands at Rp1.188,67 trillion with a 24-hour trading volume of Rp56,9 trillion. Pluang users show balanced order activity with 50% selling and 50% buying, and the typical hold time is 71 days, indicating steady investor engagement despite recent volatility.

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