Over $33.8 million in SOL short positions were liquidated over the past 24 hours as the token surged nearly 6% to approximately $94. This gain represents a rebound of more than 25% from levels around $75 just a week prior. Binance bore the brunt of the losses with $17.9 million in short positions wiped out. Across all cryptocurrencies, total short liquidations exceeded $1.2 billion during the same period, in a context of renewed risk appetite across financial markets.
Source: Read the original article
