After a significant surge in the early morning, SATS experiences a sharp retracement, with its 24-hour liquidation volume ranking first across the entire network

BlockBeats News, September 28th, according to HTX market data, SATS saw a sharp rise early this morning, with 1000 SATS briefly reaching $0.000074, representing a 63% increase in the past 24 hours. However, the coin price quickly dropped afterwards, falling to $0.00003897 within 3 hours, a decrease of about 47.2% from the early morning peak.

Additionally, according to Coinglass data, there were $162 million in total liquidations across the network in the past 24 hours, with $29.7 million in SATS liquidations, making it the largest liquidated coin in the past 24 hours.