🚨 $SOL Liquidation Alert — Longs Wiped Out at $186.3!
A trader (or possibly several) holding $48,690 worth of long positions in Solana got liquidated as the price slipped to $186.3.
📉 What Happened:
The trader was betting on a price rise, but when SOL turned lower, the exchange auto-liquidated the position to prevent deeper losses.
💡 Market Insight:
Such liquidations highlight increased selling pressure or a liquidity sweep around key price levels.
When multiple long positions get liquidated in succession, it often triggers a cascade effect, accelerating downside momentum as stop-losses and margin calls kick in.
📊 Current Sentiment:
• Liquidation trend: Rising on long positions — showing fading bullish confidence.
• Funding rates: Turning slightly negative, suggesting short positions are gaining control.
• Outlook: If $SOL fails to reclaim the $190–$192 zone soon, further downside toward $180 could be tested.
However, sustained recovery above $192 may flip sentiment back bullish in the short term.
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🔥 TL;DR:
$SOL bulls are under pressure as liquidation clusters build up — watch the $186–$192 range closely; this zone could define the next major move.
