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Solana’s Price Movement Under Scrutiny: Insights from Binance Liquidation Data

  • Solana (SOL) price movement under scrutiny based on Binance liquidation data.
  • Binance has seen increased trading activity for SOL, with traders closing positions.
  • More long positions have been liquidated than short positions, suggesting downward pressure on SOL's price.
  • The market sentiment for SOL is bearish, with more traders shorting the asset.

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