Solana derivatives flip long for 83 straight days, yet SOL sits nearly 30% below peak

Futures have become the leading price discovery vehicles in the crypto markets, and Solana’s YTD tape clearly supports this. After spending most of 2024 unloading risk, taker flows on Solana&...

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Solana derivatives flip long for 83 straight days, yet SOL sits nearly 30% below peak

Source: CryptoSlate

Futures have become the leading price discovery vehicles in the crypto markets, and Solana’s YTD tape clearly supports this. After spending most of 2024 unloading risk, taker flows on Solana’s perpetual futures flipped directions in the second half of January. On Jan. 18, the 90‑day cumulative volume delta (CVD) reached a low of −261.75. Since […]