Solana Long-Short Ratio Tops 3:1 as OI Slips to About $2.2B

Solana (SOL) was trading around $87, about 69% below its January 2025 high near $295.91, while some derivatives venues showed a long-short ratio above 3:1 and 65.5% of accounts positioned long. Open interest was roughly $2.2 billion and declining even as the long bias increased, alongside a funding rate of 0.0038% per 4-hour period. The report also cited liquidation data around Feb. 28 and March 5, highlighting a skew toward short liquidations and a 52-week low near $77.91.