Crypto market liquidations
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Solana falls, rebounds from $145 as crypto market liquidations near $350 million
Yahoo Finance· 2026-01-20 15:35
Solana (SOL) fell nearly 4% in the past 24 hours, a sharp reversal in direction from its recent high near $145. The drop followed a wave of liquidations in the derivatives market and broad altcoin weakness. Almost $390 million in crypto positions have been liquidated, $348 million of which were long according to CoinGlass. The selloff intensified after SOL breached its 20-day and 50-day exponential moving averages, according to CoinDesk Research's technical analysis data model. Volume surged during the ...