Dogecoin Longs Absorb $7.32M of $7.82M Liquidation Wave
- —$7.82 million in DOGE positions liquidated in 24 hours
- —Longs accounted for $7.32 million, or 93.6% of the total
- —Selling has now run for four consecutive sessions
Why it matters: The long-heavy liquidation skew shows bulls were caught offside, adding selling pressure to DOGE as the losing streak extends.
Source: Coinotag