Is Solana a Good Investment Right Now? Here’s What the Whales Are Doing Amid the heightened cryptocurrency volatility caused by Bitcoin (BTC) price teasing below a crucial support level around $92k, Solana (SOL) price has continued to bleed. The large-cap altcoin, with a fully diluted valuation of about $112 billion and a 24-hour average traded volume of around $4.6 billion, has lost more than 12 percent in the last four days to trade about $191 on Friday, January 10, during the mid-European session. As a result, nearly $20 million was liquidated from Solana’s leveraged market, mostly involving long traders. Additionally, Solana’s Futures Open Interest (OI) dropped around 2 percent in the last 24 hours to hover about $5.79 billion at the time of this writing.

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