Solana

United

Bitcoin

In the last 24 hours, the cryptocurrency market has experienced liquidations totaling more than $63 million, with around $45 million coming from short positions. The price of <a href="https://optimisus.com/news/crypto-news/solanas-price-surges-by-over-8-from-165-to-a-high-of-180/">Solana (SOL) rose above $187</a>, resulting in the liquidation of around $4 million worth of negative positions.   
Poodlana experienced a significant increase in presale value, surpassing $3 million, primarily driven by investor demand in Asia. Although there was a substantial decrease of 67% in overall crypto liquidations, the market nonetheless witnessed a noteworthy number of pessimistic wagers.   
The liquidations on the Solana platform amounted to $4.95 million, as users were compelled to liquidate their positions due to the SOL price surging by more than 5% and reaching a peak of $188.   
Bitcoin experienced the liquidation of more than $16 million worth of short positions, while Ethereum contributed approximately $7 million to the total short positions.   
VanEck, an ETF provider that has submitted an application for a Solana spot ETF with the US Securities and Exchange Commission, is anticipated to obtain approval for SOL ETFs in the United States by 2025.   
Recenlty, a crypto analyst, <a href="https://optimisus.com/news/crypto-news/a-crypto-analyst-predicts-solana-will-rally-above-1000-soon/">Ali Martinez foresees a substantial surge in the value of&nbsp;Solana (SOL)</a>, relying on past price trends and technical patterns. Furthermore, he believes that SOL has the potential to surpass $1,000. 
The post <a href="https://optimisus.com/news/crypto-news/over-4-million-short-positions-liquidated-as-solana-sol-price-rose-to-above-187/">Over $4 million in short positions liquidated as Solana’s (SOL) price rose to above $187</a> appeared first on <a href="https://optimisus.com">Optimisus</a>.

Over $4 million in short positions liquidated as Solana’s (SOL) price rose to above $187

Optimisus

Andere artikelen gepubliceerd op 27 jul 2024

Trump to end war on crypto if elected, says US will be ‘crypto capital of the planet’

‘No US Dollar by 2045’: Samson Mow Responds To Michael Saylor’s BTC Prediction

BlackRock’s Bitcoin ETF Sees Continued Inflows Despite Decline in Positive Market Sentiment

Get In On the Action: Kaspa & Dogwifhat Prices Climb, BlockDAG X1 App’s Launch Propels Presale to...

The Next Bitcoin? Emerging Cryptocurrencies with Massive Potential:

Chainlink Join Hands With Wenia to Boost Transparency of Colombian Peso-Backed Stablecoin

Meld je aan voor onze gratis nieuwsbrief voor dagelijkse crypto-updates!