In the past 24 hours, $DOGE 's total liquidations amounted to approximately $11.18 million,
with long positions accounting for $9.90 million and short positions for $1.28 million.
Notably, within a four-hour window, over $6 million worth of short positions were liquidated, indicating rapid market movements.
These liquidations reflect the heightened volatility in $DOGE 's price, which has seen significant fluctuations in recent days.
Traders should exercise caution and consider the inherent risks associated with leveraged positions in such a volatile market environment.