$SOL L Short Liquidation – $10.07K at $89.73

Solana experienced a significant $10.07K short liquidation near $89.73, suggesting a strong upward move that squeezed bearish traders. When short positions are liquidated, they convert into buy orders, often amplifying upward momentum.

This is the largest liquidation in the current tape, making it an important signal for short-term volatility. The move indicates that price pushed into a liquidity zone where many shorts were positioned. Traders will now watch whether SOL continues its upward momentum above the $90 region or if the move fades after the short squeeze.