Solana’s derivative market shows exhaustion as buyers and sellers recorded equal losses. 📉 However, market activity hints at a bullish future for Solana. 🚀
Solana saw a 14.56% weekly and 6.50% monthly increase. 💪Ambcrypto suggests the next move could favor buyers.
Liquidation data shows $6.5 million losses for both long & short positions, signaling market indecision. 🤷 Daily gains were just 0.7%. Active addresses surged 31%, hitting 5.4 million. 📈
Increased DEX trading volume and growing open interest dominated by long traders further support a bullish outlook. TVL also increased, reflecting investor confidence. 💰
post url: https://altcoin.observer/will-the-13-solana-liquidation-puzzle-is-that-it-going-to-turn-things-in-favor-of-soil-2/
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