3 Altcoins Facing Major Liquidation Risks in the First Week of February

The first week of February sees intensifying market conflict, leading to increased liquidation losses for both long and short positions across the crypto market. Three altcoins warrant close attention: Solana (SOL), which is testing critical $100 support amid high short interest, where a rebound above $113 could trigger $500 million in short liquidations, while a drop to $86 threatens $142 million in long liquidations. Hyperliquid (HYPE) shows a relatively balanced liquidation map near $31, with moves to $35.5 or $26 potentially liquidating about $80 million on either side, signaled by indecisive candlestick patterns. Finally, Tron (TRX) faces downside pressure from market manipulation accusations against Justin Sun, though strong network activity and corporate token purchases offer underlying support. Overall, expanding market volatility heightens liquidation risks for traders across these assets.

(Source：BeInCrypto)