Solana’s open interest reached $7.9 billion with a potential liquidation risk of $1 billion below a price of $150. This level of exposure indicates that many traders are heavily invested in long positions, raising concerns about market volatility.
XRP’s open interest stands at $7.6 billion, posing a risk of $500 million in liquidations if it drops below $2.5. The current market dynamics suggest a potential shift that could prompt significant liquidation events due to price fluctuations and market sentiment.
Leave a Reply