Solana’s puzzle for liquidation of $ 13 million – will that turn things into a salt?

• Customers and sellers from Solana on the derivative market recorded the same amount of loss, pointing to exhaustion.
• The market activities are aligned with the bicou -stimulating and possibility that Solan’s next move could be a bull.

Recent events with Solana losses (salt), recorded in the derivative market, have shared feelings. In fact, salt increased 14.56% and 6.50% during the month during the week.

Ambcrypto, however, noticed indicators that continued to benefit the customers, which implies that the next decisive momentum could be tilted upwards.

Salt stops $ 13 million in liquidations

In the last 24 hours of liquidation on the derivative market, they have noted the same division between long and short positions, according to the kinglass.

Both sides lost $ 6.5 million, signaling exhaustion and indecision. Of course, this jar often results in a muffled price of prices, which is exactly what happened.

Sol -ov daily gain was only 0.7% in the same period.

When the liquidations are evenly coincided, the market tends to force itself, insecure in the next move. However, Ambcrypto -that analysis suggested that the bulls continue to hold a slight advantage.

In fact, the price could still break in their favor – if the momentum follows.

Key activities favor the bulls

Furthermore, an activity on the plan strengthened that view. Unique active addresses increased 31% within 24 hours, reaching 5.4 million, according to Artemis.

This spike implied fresh shopping or receiving salt, enhancing the expectations of the bull.

This corresponds to the growing volume of trading on decentralized exchanges (Dexes), which have recorded 15.35%in the past week, reaching $ 16.2 billion – which is a salt chain with the largest volume of Dex trading.

The bull’s narrative is also present in the market of the future.

The amount of unregulated contracts continued to grow, along with the amount of purchase on the derivative market.

The open interest, which records the amount of unregulated derivative contracts, still continued to grow. These contracts include both long and short positions.

The ratio of long and shorts, which effectively compares the amount of shopping and selling on the derivative market, gives readings above 1 to support the bull’s move and below 1 to suggest a seller’s dominance.

At the time of the press, the ratio of long and short read 1,0087, indicating a higher volume of buying. This probably implied that the growing open interest was dominated by long traders, increasing the likelihood of price.

In the last 24 hours, the confidence of investors continued to grow that liquidity had increased in Solan by about $ 72 million, which locked its total value (TVL) at $ 7.144 billion.

When TVL climbs, it implies that more investors lock their Sol-Surge long-term dedication to the protocol to enable different activities, including the provision of liquidity.

If the market continues to reflect more bull’s signals, it is likely to be distorted in favor of the bulls, with salt by gathering.