Crypto Liquidations Cross $2.22 Billion, Here’s How Much Dogecoin Traders Lost
In the past 24 hours, the decline in the entire cryptocurrency market has declined sharply, and its total market value has fallen double -digit after waste the fluctuation of fluctuations. It is not surprising that this sharp decline has led to a widely liquidation of multiple assets in the past trading days. It is worth noting that in the past 24 hours, this liquidation wave has led to more than 2.222 billion US dollars from cryptocurrencies. According to coinglass data, Dogecoin trader Watching important Los AngelesS, the number will put the cause coin in the worst investment asset in this liquidation incident.
Dogecoin traders lost more than 82 million US dollars within 24 hours
Data from coinglass It reveals the liquidation of the most serious dog coin in the market over the past 24 hours, because The position of lever collapses At the weight of fast price fluctuations. Observing the data carefully shows that the vast majority of these liquidation stems from long positions, and the loss of bullish traders is $ 69.32 million. These traders are mainly expected to hold a rally or at least one stable market this week, because the price of Dogecoin is caught off guard Turn downward Except for the rest of the market, liquidation and level losses are forced.
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Interestingly, although the trend tends to decline in price wider, the short -selling person is not spared from the liquidation frenzy. Data show that a short position worth $ 1.335 million was liquidated, which shows that a short price peak value occurred during the normal decline. These short -term trends may cause stop losses from short traders, and even if the overall trajectory is still falling, it has led to an obsessive liquidation.
Among the high volatility, the highest liquidation of the market is 2.22 billion US dollars
During the merger of the past week, the cryptocurrency market has begun a new week. See the relatively stable Bitcoin Decline With the end of the weekend, Sunday’s score is less than 100,000 US dollars, and continues to extend from there.
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The decline of Bitcoin has triggered a wider market for sale and imitated several major cryptocurrencies. When writing this article, the global cryptocurrency market has fallen by about 11 % in the past 24 hours, and it is now $ 3 trillion, the lowest level since November 15, 2024. As a result, a broader cryptocurrency market has gone through cruel shocks. In the past 24 hours, the liquidation has exceeded 2.22 billion US dollars.
Bitcoin and Ethereum merchants have achieved popular singles in this liquidation. Bitcoin alone recorded a liquidation position of more than $ 406.9 million, and most people traded $ 341.3 million in the past 24 hours. However, Ethereum traders The heaviest Clearing, $ 601 billion in positions were eliminated.
With Dogecoin’s liquidation of $ 82.67 million, the consequences of this after -selling may lay fluctuations with other cryptocurrencies to increase fluctuations short termEssence During writing, the transaction price of Dogecoin was $ 0.235, a decrease of 22.5 % in the past 24 hours.
Charts from adobe stock, characteristic images, tradingView.com
