$DOGE
A long liquidation occurs when the price of an asset drops below the liquidation price for leveraged traders who were betting on the price going up.
In this case, $119K worth of long positions in Dogecoin ($DOGE ) were liquidated at a price of $0.417.
This could signal:
1. A sudden market drop in DOGE's value, triggering stop losses.
2. High volatility in the crypto market, often seen during major announcements or whale movements.
It may also reflect broader sentiment shifts or cascading liquidations from leveraged positions.
Tracking DOGE's price action closely would be key right now! Would you like a deeper dive into DOGE's market trends or related metrics?
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