<ul><li>Solana experiences a 10% drop from its all-time high (ATH) of $264.63.</li><li>$64 million worth of long positions get liquidated, leading to further downward pressure on the price.</li><li>Open interest falls to a weekly low of $3.34 billion, indicating reduced market confidence.</li><li>Technical analysis reveals a crucial battle at the $231.54 support level, with the potential for further decline towards $205.56.</li></ul>

Solana Bears Gain Control as $64M in Long Positions Vanish Amid Market Retreat

Discover more