Solana
Why Solana is down 1.1% in the last hour
Analysis
Solana (SOL) slipped 1.1% over the past hour amid broader downside pressure tied to liquidation-driven selling. AMBCrypto reported SOL has recently seen a sharp drop and heavy liquidations, highlighting ongoing bearish momentum and sensitivity around key support levels, which likely weighed on short-term sentiment.
Contributing Factors (1)
Solana drops 15%, hits 2-year low: Can SOL bulls hold $70?
Solana whale was fully liquidated on its long position taking $16 million total loss.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.