SOL suddenly broke through the $140 mark again! This price action caught a lot of bears off guard.



Look at the carnage in the past 24 hours — nearly $60 million worth of short positions got completely rekt. That's a massive amount of forced liquidations happening in such a short window.

When price moves this aggressively upward, overleveraged shorts become exit liquidity. The squeeze pushes prices even higher as traders scramble to close their positions. Classic short squeeze dynamics playing out in real-time.

Anyone who was betting against SOL at these levels just learned an expensive lesson. The momentum shift happened fast, and shorts didn't have time to react before getting blown out of their positions.
SOL0.54%
LOT-0.78%
AT-0.15%
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DefiEngineerJackvip
· 12-03 16:46
well, *actually* if you look at the order book microstructure, that $60M liquidation cascade was just the beginning of what happens when you ignore proper risk management. the real alpha move? understanding that leverage is just borrowed conviction.
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Token_Sherpavip
· 12-03 16:45
ngl, watching leverage traders get liquidated never gets old. but let's be real—$60m in shorts getting blown out doesn't mean sol's got sustainable fundamentals underneath. it's just... velocity trap material waiting to happen.
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