Solana Investors Experience Significant Liquidation
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Solana investors recently experienced significant financial setbacks, facing $15 million in liquidations. This event led to a substantial 32% drop in Open Interest (OI) since August 1. However, the decline in OI suggests possible signs of market recovery for Solana, as it indicates a cleansing of leveraged positions and speculative investments. The post emphasizes the continued challenges and resilience within the Solana investor community.
Source: en.coin-turk.com ↗