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Solana Price Drops 2.01% to $120 Amid Significant Long Position Liquidation

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Solana's price dropped by 2.01% in just one hour on September 30, reaching $120 at 6:18 a.m. ET (10:18 UTC). This decline extended its 24-hour drop to 0.60%. The price was measured from the Binance spot SOL/USDT market.

The data shows that during the same hour, liquidations totaled $2.48 million for long positions and $270,000 for short positions across Binance, Bybit, and OKX exchanges.

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