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

Despite geopolitical tensions not causing major capital outflows, the altcoin market is poised for significant moves and potential large-scale liquidations in the first week of March. Solana (SOL) is in a volatility compression phase around $84, with potential liquidations reaching $376 million if it drops to $74, or $450 million if it rises to $95. XRP remains balanced despite negative news, but opposing pressures from on-chain data and increased inflows to Binance suggest liquidations could exceed $125 million if it falls to $1.20, or $157 million if it rises to $1.50. Tether Gold (XAUT), benefiting from rising physical gold prices, also faces liquidation risks; on Bybit alone, liquidations could hit $90 million if the price drops to $5,000, or $61 million if it breaks above $5,600. Overall, derivatives traders have reduced leverage, focusing on large-cap altcoins and tokenized assets while awaiting clearer market signals.

(Source：BeInCrypto)