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SOL Liquidations: Over $35 Million in Short Positions Closed as Price Hits $195

Market activity surged in the past 24 hours with SOL reaching $195 and witnessing a significant $3.22 million short liquidation at $190.

SOL

Summary

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Terms & Concepts
  • Short Liquidation: The process where short positions are forcibly closed, typically triggered by rapid price increases.
  • SOL: The native cryptocurrency of the Solana blockchain, used in decentralized finance and transactions.