More than $600 million in crypto long positions were liquidated over 24 hours, while Solana’s SOL token dropped below $80 amid continued selling pressure.
Bitcoin fell below $69,000 as selling pressure intensified after Strategy disclosed its first bitcoin-native sale since 2022. The move coincided with more than $600 million in crypto long positions being liquidated over the past 24 hours, a sign of forced position closures in leveraged markets. Solana’s SOL token also fell below $80, pointing to broader weakness across major digital assets.