Here’s a detailed and thrilling post for the event:
#SOL Liquidated Short: $104K at $196.48
The bulls just stampeded through the market, and
#SOL shorts paid the price! A jaw-dropping $104K short position was liquidated at $196.48, marking a decisive victory for Solana’s bullish momentum.
This massive liquidation highlights the power of #SOL’s recent rally, as short-sellers underestimated the strength of buyers pushing the price higher.
The liquidation adds fuel to the fire, with more traders eyeing the breakout as a potential entry point.
Key Highlights:
Liquidation Type: Short
Amount Liquidated: $104K
Liquidation Price: $196.48
Market Context: SOL’s rally continues, with strong buy pressure and a sharp upward move catching bears off guard.
What’s Driving the Rally?
Ecosystem Growth:
Solana continues to lead with its high-speed transactions and expanding ecosystem.
Market Sentiment: Renewed investor confidence is