Cryptocurrency trading volume data from exchanges

Solana Price Surges to $137, Over $10 Million in Shorts Liquidated

May 2, 2024, 03:32 PM

Solana (SOL) has experienced significant trading activity, with its price surging to $137, marking an increase of over 10% in the last 24 hours. This price surge led to over $10 million being liquidated in short positions. Notably, the largest single liquidation event occurred on the OKX exchange, involving $2.27 million at a price of $129. The liquidations followed a rebound in SOL's price from $119 to a peak of $135 before reaching $137.