CryptoMediumUpdated•Originally published 8 October 2026•Updated 8 October 2026•
1 min read
Solana Drops 6.11% Amid U.S. ETF Outflows and $15.85 Million in Liquidations
Key Facts
1Solana price fell 6.11% over 24 hours, reaching a level of $109.
2Long liquidations totaled $15.85 million in a single hour across Binance, Bybit, and OKX exchanges.
Solana price fell 6.11% over a 24-hour period to reach $109 on October 8, 2026, as U.S.-based Solana ETFs recorded three consecutive sessions of outflows. TokenPost reported that the price drop triggered $15.85 million in long liquidations within a single hour across the Binance, Bybit, and OKX exchanges.
The downward momentum accelerated after the price broke below the $116 support level, falling from $112 to $109 and triggering automated liquidations of leveraged positions. Solana maintained a market capitalization of approximately $66.01 billion on October 8, 2026, ranking as the seventh-largest digital asset.