Explosive Liquidation Alert: $50.3K $SOL Short Position Crushed at $256.50!
Solana (SOL) just shook the market with a powerful move, as a $50,300 short position was liquidated at the significant price of $256.50.
This sharp rise in $SOL price has forced short-sellers to exit their positions in a dramatic squeeze, fueling further momentum.
The question now:
is this the start of a new bullish leg for Solana, or will we see resistance kick in?
Such liquidations suggest strong buying pressure, but volatility remains high, and traders should stay cautious.
This event highlights the unpredictable nature of the crypto market—leveraged positions can quickly turn against traders. Stay alert and follow $SOL closely as it continues to be one of the most volatile and exciting assets in the market.
For more real-time updates, keep your eyes on the action!