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Solana’s surge to $176 could trigger $3B in liquidations: Here’s why

AMBCrypto LogoAMBCrypto11h ago

Solana’s surge to $176 could trigger $3B in liquidations: Here’s why - AMBCrypto

Quick Summary:

Solana will witness liquidation worth nearly $3 billion if it reaches $176, but there are other concerns.

This can be interpreted as a bullish signal, as rising volume acts as a foundation for an ongoing price hike.

Though this hinted at a continued price uptick, SOL might soon face a roadblock ahead, even if the bulls dominate.

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Solana’s surge to $176 could trigger $3B in liquidations: Here’s why - AMBCrypto (Picture 1)Solana’s surge to $176 could trigger $3B in liquidations: Here’s why - AMBCrypto (Picture 2)

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Article Details

Author / Journalist: Dipayan Mitra

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-18 @ 01:00:53 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 561 words

Reading Time: 4 minutes read

Sentences: 34 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 21668910

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About AMBCrypto

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Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 22 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 12 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #103

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The outlet is headquartered in United States and publishes an average of 22 news stories per day.

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  • URL: https://beamstart.com/news/solanas-surge-to-176-could-17212657442934

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