Crypto Express

08/10 13:44

SOL On-chain metrics show mixed signals

SOL On-chain metrics show mixed signals

CoinGlass data showed $15.18 million in exchange inflows on the 9th of August. In fact, such inflows during rallies often suggest investors were preparing to sell into strength.

At the same time, liquidation clusters revealed a $174 support level and a major resistance near $184.

Cumulative long liquidation leverage stood at $436.74 million, far outweighing the $23.79 million in short-side leverage. This imbalance reinforced bullish dominance, but also highlighted $184 as a make-or-break point.

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