According to ChainCatcher, CoinDesk reported that Dogecoin (DOGE) has experienced the largest liquidation wave since 2021 in recent market fluctuations, resulting in the liquidation of long positions as high as $60 million. Coinanlyze data shows that in the past 24 hours, almost all DOGE liquidation activities came from long positions, and only short positions worth about $600,000 were liquidated.