---
title: "Solana drops 5% on new FTX plan, quick rebound to wipe $125M shorts"
url: https://diffcoin.com/solana-drops-5-on-new-ftx-plan-quick-rebound-to-wipe-125m-shorts/
description: "If Solana recovers as quickly as it has in recent times approximately $125 million in short positions will be liquidated. Source link"
published: 2024-05-09
updated: 2024-05-09
author: "Mila"
site: "Diffcoin"
---

# Solana drops 5% on new FTX plan, quick rebound to wipe $125M shorts

If Solana recovers as quickly as it has in recent times approximately $125 million in short positions will be liquidated.

[Source link](https://cointelegraph.com/news/solana-falls-5-percent-shorts-liquidations-ftx-sell-off-concerns)