As of today Dogecoin (DOGE) in futures transactions $647 billion There is an open position. Dogecoin transactions that took place over the weekend, memecoin’s 10 billion It shows that it has reached a market value of more than $.
Dogecoin (DOGE) Futures Liquidated Nearly $90M Over The Weekend In An Unusual Move
Dogecoin (DOGE) has gained over 90% in the past week, making it one of the largest liquidators among futures following the crypto majors.
Dogecoin futures have liquidated over $89 million since Friday after trading fluctuated with the confirmation of Elon Musk’s acquisition of Twitter.
$52 million of this figure came from investors who opened bearish trades.
Dogecoin liquidations have been over $27 million in the last 24 hours, with all cryptocurrency reached the highest level among the units.
Usually seeing the biggest numbers in the first two rows Ethereum and bitcoin would take place. bitcoin 14 million dollar and Ethereum 12 million dollar lost less.
Dogecoin prices approx. from $0.7 Sunday morning $0.15 liquidations may have contributed to a short squeeze.
According to data from Dogecoin block researchers, on-chain transactions per day last week. from 25,000 as of today 37,000’s got on it.
Musk has become an important supporter of DOGE, which has become an indicator of thoughts about him. Musk’s statements about the token have also consistently affected the price of the coin, as before.
*Not investment advice.
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