Solana (SOL) is trading at $145.50, but under the surface, tension is building across derivatives markets. The latest 30-day Solana Exchange Liquidation Map from Coinglass shows an escalating wave of short-side leverage clustered just above current price, setting the stage for a potential $1.5 billion short squeeze if bulls push the token beyond its immediate resistance zone.
At first glance, the setup looks eerily similar to what we’ve seen with Bitcoin and XRP in recent weeks: a rising cumulative short liquidation curve (green), bar clusters thick with high-leverage shorts, and a flatlining long liquidation zone (red), suggesting asymmetrical risk.
But Solana’s chart takes it up a notch.
A closer look at Solana’s Liquidation Map
The liquidation map reveals that short positions start building heavily from around $146, just a dollar above the current price. From there, the green curve steepens dramatically through $150, $155, and all the way to $170, indicating a p
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