Crypto derivatives have seen a significant increase in volume, which could lead to potential imbalances that may trigger liquidation events. This situation has caused an increase in short positions for certain cryptocurrencies. If these positions are liquidated, the likelihood of a short squeeze increases, which means a price rally. So, for which altcoins is this increase valid?

加密貨幣衍生性商品的交易量大幅增加，這可能導致潛在的不平衡，從而引發清算事件。這種情況導致某些加密貨幣的空頭部位增加。如果這些頭寸被清算，軋空的可能性就會增加，這意味著價格上漲。那麼，這種增加對哪些山寨幣有效呢？

Market Overview and Short Squeeze Potential

市場概況和軋空潛力

While the total value of the crypto market has increased by 1.5% to reach $1.614 trillion, its highest level in 10 days, attention is now focused on cryptocurrencies with high short positions, especially if the market value exceeds this month’s highest levels.

儘管加密貨幣市場總價值成長了1.5%，達到10天來的最高水準1.614兆美元，但現在人們的注意力集中在空頭部位較高的加密貨幣上，尤其是當市值超過本月最高水準時。

Among the cryptocurrencies with increased short positions, the cryptocurrency Dogecoin (DOGE) stands out. Currently trading at $0.0926, DOGE has an open short position amount of $514.56 million, which corresponds to 51.31% of the daily open position volume.

在空頭部位增加的加密貨幣中，加密貨幣狗狗幣（DOGE）脫穎而出。目前，DOGE 的交易價格為 0.0926 美元，未平倉空頭部位金額為 5.1456 億美元，相當於每日未平倉部位數量的 51.31%。

This significant dollar value is close to the 24-hour spot exchange volume of $550.27 million and makes the liquidation of short positions impactful on the price of the meme coin DOGE.

這一巨大的美元價值接近 5.5027 億美元的 24 小時現貨交易量，使得空頭部位的清算對 meme 幣 DOGE 的價格產生影響。

Short Squeeze Warning for dYdX (DYDX)

dYdX (DYDX) 的空頭擠壓警告

Simultaneously, the cryptocurrency dYdX (DYDX) witnessed a $188.57 million short position opened on December 21st. The cryptocurrency is trading at $2.957. Despite the 24-hour volume of only $132.69 million, which indicates a larger short position than current market activity, DYDX requires a market turnaround from a downturn to an upturn for a short squeeze to occur.

同時，加密貨幣 dYdX (DYDX) 於 12 月 21 日開立了價值 1.8857 億美元的空頭部位。該加密貨幣的交易價格為 2.957 美元。儘管 24 小時交易量僅為 1.3269 億美元，這表明空頭頭寸比當前市場活動更大，但 DYDX 需要市場從低迷轉向好轉才能發生軋空。

Recent significant changes such as token migration and the unlocking of over 80% of the circulating supply have added complexity to DYDX’s market dynamics. While the potential for a short squeeze is becoming apparent, it is important to note that a market turnaround is very significant for these events to occur.

最近發生的重大變化，例如代幣遷移和解鎖超過 80% 的流通供應量，增加了 DYDX 市場動態的複雜性。雖然軋空的可能性越來越明顯，但值得注意的是，市場的轉變對於這些事件的發生非常重要。

Factors such as recent token migrations and unlocking of supply locks can influence investors’ perception of the value of a digital asset. Investors are advised to conduct thorough research and consider complementary data to make informed and profitable financial decisions.

最近的代幣遷移和供應鎖定解鎖等因素可能會影響投資者對數位資產價值的看法。建議投資者進行徹底的研究並考慮補充數據，以做出明智且有利可圖的財務決策。

繼續閱讀：https://en.coin-turk.com/significant-increase-in-crypto-derivatives-volume-leads-to-pottial-short-squeeze/