Altcoins News

Story: Solana Price Dips to $171 as Long Traders Face $6.1 Million Liquidation Blow

By Evie Vavasseur

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Overleveraged Bulls Face Harsh Reality. Data from Coinglass showed a severe impact on traders who had bet on Solana’s price rising.

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Resistance Remains Strong at $193. Despite the recent rally earlier in the week, Solana has continued to struggle around key…

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Whales Still Betting on the Future. Amidst the volatility, at least one large investor made a bold move suggesting long-term…

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Market Still Leans Bullish — For Now. Interestingly, despite the liquidation carnage, sentiment remains optimistic among a majority of…

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Looking Ahead. Solana’s recent price action underlines how volatile the crypto market remains, even for…

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Solana (SOL) faced a sharp drop in value over the weekend, falling 3.27% to $171.07 on May 25, 2025.

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While Solana had gained over 7% in the past week and nearly 17% in the past month, the drop over the weekend showed how quickly sentiment can shift—especially when traders rely…

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Data from Coinglass showed a severe impact on traders who had bet on Solana’s price rising. On May 25 alone, $6.1 million worth of long positions were liquidated.

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Binance, one of the largest exchanges by volume, saw $2.76 million of those long liquidations.

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Altogether, over $13.4 million in liquidations occurred across the market on May 25, with $12.3 million coming from long positions alone.

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Moreover, recent spot market activity further confirms bearish short-term sentiment. Data shows $158.93 million in outflows from SOL, compared to $141.42 million in inflows.

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This persistent outflow trend is often interpreted as a sign of caution among investors and can be a signal of potential price consolidation or a deeper pullback.

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Amidst the volatility, at least one large investor made a bold move suggesting long-term confidence in Solana. A whale transferred $3.

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Staking large sums like this reduces immediate selling pressure and can be a positive signal for long-term health in a blockchain ecosystem.

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This kind of whale activity can offer some reassurance to smaller investors, especially during times when market sentiment appears to be leaning bearish.

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