DOGE has experienced its biggest wave of liquidations since 2021 amid recent market volatility, resulting in liquidations of long positions as high as $60 million. Coinanlyze data shows that almost all of DOGE's liquidation activity in the past 24 hours has come from long positions. Only short positions worth about $600,000, or positions betting on a falling token, were liquidated.
Furthermore, in the past 24 hours, the major tokens have fallen by 10%, and cryptocurrency bulls totaling 440 million dollars have been liquidated.
DOGE bulls suffer $60 million liquidation, biggest loss since 2021
2024-06-18 10:30:24
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