SOL Leverage Unwinds as Spot Flows Shift

SOL leverage faces pressure as crowded long positions approach dense liquidation zones beneath the recent trading range and weaken support. August brought heavy SOL spot inflows, but prices later weakened around $100 to $110, limiting evidence of sustained demand. SOL liquidations may ease if lower clusters absorb selling, while renewed inflows could signal additional supply entering exchanges. SOL leverage is unwinding as crowded pos…