Markets· ★★· bearish·

Dogecoin Longs Hit by 1,453% Liquidation Imbalance as Selloff Deepens

  • —Total DOGE liquidations reached $7.82 million: $7.32 million longs vs $503,630 shorts
  • —Long-to-short liquidation imbalance stood at 1,453%
  • —DOGE dropped 1.26% in 24 hours to $0.0873 and 7.26% on the week
  • —304.7 million DOGE worth $27.05 million moved from an unknown wallet to Binance
Why it matters: The heavy long liquidation skew shows traders betting on a rebound were caught offside, keeping selling pressure on DOGE.
#DOGE
Source: U.Today
More on this
Markets · Sep 28
XRP Sees 980% Liquidation Imbalance as Longs Lose $10.88M in Selloff
 Markets · Oct 7
Crypto Selloff Deepens as $700M Liquidated; BTC Below $83K on 24-Year High Treasury Yields
 Markets · Sep 26
Crypto liquidations hit $264.6M in 24 hours as altcoin shorts and bitcoin longs get wiped