$SOL

Type of liquidation: Short position

Amount liquidated: $87,000

Price level: $235.68 per $SOL

This means that traders holding short positions (betting on SOL's price decreasing) were forced to close their positions as SOL's price increased to $235.68,

likely due to stop-loss triggers or insufficient margin.

Such liquidations often signify a price movement against bearish expectations, possibly driven by high buying pressure or a market catalyst.

Monitoring liquidation data like this can provide insights into market sentiment and potential short squeezes.

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