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BTCC / BTCC Square / Coindesk /
SOL Bounces Back to $147 After Brutal Flash Crash—Paper Hands Purged

SOL Bounces Back to $147 After Brutal Flash Crash—Paper Hands Purged

Author:
Coindesk
Published:
2025-06-06 09:00:25
6
3

SOL Recovers to $147 After Flash Crash Shakes Out Weak Hands

Solana's native token stages a swift recovery after a violent liquidation cascade rattles weak holders. The $147 rebound proves crypto's resilience—or just another day of leveraged degens getting rekt.

Markets shrug off the dip as SOL claws back lost ground. Traders who panic-sold now face the ultimate crypto irony: buying back higher. Just another reminder that volatility cuts both ways—especially when you're overexposed.

Meanwhile, Wall Street still can't decide if this is 'digital gold' or a casino. Place your bets.

|Square

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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