Solana Price Breakout Past $220 Wipes $17M in Shorts, $250 Now in View

TLDR: Over $17M in SOL short positions were liquidated as the Solana price crossed $220, highest level in 8 months. Onchain perpetuals on Solana led centralized exchanges in liquidations, showing stronger activity among decentralized traders. Analyst projections point to $250 as the next resistance level, with $259 identified as the upper resistance zone. Solana’s support [...]

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