Solana falls to $103.6 as $12.9M exits futures, longs stay put
- —SOL fell 4.49% to $103.61, trading between $103.30 and $108.39
- —OKX open interest dropped $12.9M (3.5%) to $357M in 24 hours
- —Long/short account ratio held at 2.57; funding rate at +0.00365%
- —Solana DEX volume was $2.27B, network fees $11.96M (-10.49%)
Why it matters: Unwound longs remain open, so a break below $103 could trigger a liquidation cascade.
Source: CryptoTicker
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