Analysis: A 10% price fluctuation in SOL will affect the liquidation of $400 million in leveraged positions.
TL;DR
A 10% price move in SOL could trigger liquidations of $400 million in leveraged positions, with $217 million at risk if it rises and $183 million if it falls, amid current volatility around $132.
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[Analysis: A 10% Price Fluctuation in SOL Could Affect $400 Million in Leveraged Positions Liquidation] Mars Finance reports that Coin Bureau, in an article published on the X platform, stated that the latest liquidation data shows that if the price of SOL rises by 10%, short positions worth $217 million could be liquidated; if the price falls by 10%, long positions worth $183 million would face liquidation risk. Currently, the price of SOL is fluctuating around $132, with a dense accumulation of leveraged positions on both the long and short sides.