Dogecoin Community Exploration
Discover the deeper value of dogecoin and the latest developments of dogecoin whales.
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Dec / 19
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- Dogecoin (DOGE) Rockets in Abnormal Liquidations Imbalance by 1,209%
- Dec 19, 2024 at 03:04 am U_Today
- Abnormal activity has been observed in Dogecoin (DOGE) derivatives trading, resulting in a significant imbalance in the market with a staggering 92.36% of liquidated positions being long, totaling $13.88 million. This imbalance is attributed to overleveraging and inadequate risk assessment, potentially leading to further volatility and liquidations as traders respond to the evolving market sentiment.
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Oct / 29
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- Dogecoin (DOGE) Disappoints Bears With 375% Liquidation Imbalance
- Oct 29, 2024 at 03:59 am U_Today
- Dogecoin enthusiasts rejoice as market liquidations favor bullish sentiment. CoinGlass data indicates a staggering $4.66 million in liquidations for DOGE short positions out of a total $5.91 million in liquidations over the past 24 hours. Bears anticipating a price decline faced substantial losses, while bulls dominated the trading landscape. This imbalance suggests a shift in market sentiment, indicating that DOGE bulls are driving the recent price surge.
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Sep / 04
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- Dogecoin (DOGE) Rockets 925% in 24 Hours in Abnormal Liquidation Imbalance
- Sep 03, 2024 at 11:11 pm U.Today
- Dogecoin short sellers faced severe losses amounting to $842,560 in the past 24 hours due to a surge in the cryptocurrency's price, while long liquidations were relatively minor at $91,640, resulting in a 925% imbalance. The price surge occurred within a three-hour window on September 2nd-3rd, causing heavy liquidations among short sellers who underestimated the potential for a significant price increase.
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Aug / 15
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- Dogecoin (DOGE) Witnesses Abnormal 1,120% Imbalance in Bull Liquidations
- Aug 15, 2024 at 10:54 pm U_Today
- Dogecoin traders faced substantial losses as liquidations surged amidst price volatility. Over $1.12 million in long positions were liquidated, dominating the liquidations over short positions, signaling the high risk for traders anticipating DOGE appreciation. The significant price drop, reaching 5.16% within hours, caught traders off guard, raising concerns about the uncertain Dogecoin outlook. Despite the turbulence, DOGE remains popular among traders due to its volatility and potential for price swings.
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