Solana Triggers a Record Liquidation and Surprises the Crypto Market


18h05 ▪
3
min read ▪ by
Ariela R.

Summarize this article with:

The end of the year was shaping up to be bleak for the crypto sector. However, Solana suddenly reverses the trend by thwarting bearish forecasts. An unprecedented liquidation imbalance indeed propels this crypto asset into the spotlight. The result: short positions collapse while the market reacts to this unexpected shock.

Trader panics in the face of a sudden reversal in SolanaTrader panics in the face of a sudden reversal in Solana

In brief

  • Solana traps short sellers with a record liquidation imbalance of 19,138%.
  • A surprise rebound…

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