Several individuals have taken out $100,000 personal loans with 12-month 0% APY terms and are investing the entire amount in Solana (SOL). This comes as $9.60 million in short positions have been liquidated due to a surge in SOL's price to $172. The largest single short liquidation was $574,000 at a price of $161. Some investors are aiming for a price of $200 with haste.
Just took out a $100,000 personal loan. 12 month 0% APY - minimum payment, who cares. Putting it all in SOLANA right now. HIGHER https://t.co/7XH5juuNU9
🚨 $SOL LIQUIDATIONS: $9.60 million in SHORT positions have been liquidated as the $SOL price surged to $172. The single largest short liquidation was $574K at $161. https://t.co/nJ4fNh2ILH
Just took out a $100,000 personal loan. 12 month 0% APY - minimum payment, who cares. Putting it all in SOL right now. https://t.co/H8mFJfKoZE