Solana price prediction: 2.57 long accounts per short as $12.9 million leaves the futures market

1 week ago 5



The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Solana's futures market lost $12.9 million in open interest within a day, yet the long ratio holds at 2.57 accounts per short. What that means for the $100 level, and how to work out your own liquidation distance.On Solana's futures market, 2.57 long accounts were open for every short account on Thursday evening, and $12.9 million in open interest vanished within a day. The figures come from the account statistics of the exchange OKX, retrieved on October 22, 2026. Our assessment follows further below: a long ratio that stays high while the price falls shows no strength, only positions that have not yet been closed. The price stood at $103.61 on Thursday evening, 4.49 percent below the previous day. Between the day's high of $108.39 and the day's low of $103.30 lie 4.70 percent. Bitcoin gave up 3.79 percent to $81,252 over the same period, the wider market 4.2 percent. Solana is falling harder than the benchmark. Where the price may head over a horizon of months is set out in ou...

Read Entire Article









피플앤툴즈 네트워크
🛍 샵