Analysis: A 10% price fluctuation in SOL will impact the liquidation of $400 million in leveraged positions

ChainCatcher reported that a certain exchange posted on the X platform stating that, according to the latest liquidation data, if the price of SOL rises by 10%, short positions worth $217 million could be liquidated; if the price drops by 10%, long positions worth $183 million would face liquidation risk. Currently, the price of SOL is fluctuating around $132, with a dense stacking of leveraged positions on both the long and short sides.