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SOL surges 15% in 24 hours, shorts are wiped out with $400 million
SOL jumps directly from $83 to $97, with over $400 million in short positions liquidated — a typical short squeeze, driven not by fundamentals but by too many shorts
Now $95 is a critical threshold: break above it to see $100→$120, fail to hold and it drops back to $83
ETF capital inflow is only $790k, and futures holdings are still decreasing, this wave is more about panic chasing the rally—are you chasing or waiting? #SOL #Solana