📈 Today’s Price Range
Intraday high: $164.07
Intraday low: $157.95
Currently trading around $162.86, Solana is up ~2.15% on the day .
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⚠️ Recent Liquidations & Market Activity
Short squeeze & technical breakout: On July 11, SOL broke above the ~$152 resistance, triggering about $12.7 million in short liquidations as bears were forced to cover – fueling momentum toward $164+, and reinforcing the $152–153 level as new support .
FTX/Alameda unstaking pressure: FTX and Alameda have been systematically unstaking and selling large SOL volumes under bankruptcy proceedings. They’ve moved around 7.83 million SOL (~ $986 million worth), with the largest single unstaking (~3.03 m SOL valued at $431 m) occurring in March 2025