Dogecoin Short Sellers Suffer Heavy Losses as Price Surges

狗狗币卖空者因价格飙升而损失惨重

Data from CoinGlass reveals that the past 24 hours have been tumultuous for traders betting against Dogecoin (DOGE). Short positions leveraging derivatives on the popular meme coin suffered significant liquidations, totaling $842,560.

CoinGlass 的数据显示，过去 24 小时对于做空狗狗币 (DOGE) 的交易者来说是动荡的。利用流行的 Meme 代币衍生品的空头头寸遭到大量清算，总计 842,560 美元。

In contrast, liquidations of long positions on DOGE amounted to a mere $91,640 during the same period, resulting in a staggering 925% imbalance between bull and bear liquidations.

相比之下，同期 DOGE 多头头寸的清算金额仅为 91,640 美元，导致多头和空头清算之间出现惊人的 925% 的不平衡。

Reasons for the Sharp Reversal

急剧逆转的原因

The price chart of Dogecoin provides insights into this dramatic shift. From September 2nd to 3rd, the value of the cryptocurrency jumped by over 6%, reclaiming the $0.10 mark at its peak.

狗狗币的价格图表提供了对这一巨大转变的洞察。从 9 月 2 日到 3 日，加密货币的价值上涨了 6% 以上，重回 0.10 美元的峰值。

This surge occurred primarily within a three-hour window, with DOGE gaining 3% in two consecutive hours on September 2nd and an additional 1.45% on September 3rd. Consequently, bears, particularly those entering late and anticipating a drop to $0.0942, faced liquidations, further fueling the price increase.

这次飙升主要发生在三个小时内，DOGE 在 9 月 2 日连续两个小时内上涨了 3%，9 月 3 日又上涨了 1.45%。因此，空头，特别是那些迟到并预计价格跌至 0.0942 美元的空头，面临清算，进一步推动价格上涨。

However, it's noteworthy that the price of Dogecoin has since reversed course and declined by 2.91% in the past hour and a half, trading at $0.098 per coin at the time of writing.

然而，值得注意的是，狗狗币的价格此后发生了逆转，在过去一个半小时内下跌了 2.91%，截至撰写本文时，狗狗币的交易价格为每枚 0.098 美元。

Conclusion

结论

The recent price action in Dogecoin highlights the return of market volatility, bringing an end to a period of relative stability. While the future direction of the market remains uncertain, the recent events demonstrate the potential for significant price swings in the cryptocurrency space.

狗狗币最近的价格走势凸显了市场波动的回归，结束了相对稳定的时期。尽管市场的未来方向仍不确定，但最近的事件表明加密货币领域价格可能出现大幅波动。