DOGE bulls faced a $60 million liquidation, marking the largest scale of liquidation since 2021
Recently, Dogecoin (DOGE) experienced its largest liquidation since 2021 amid market fluctuations, leading to a liquidation amount of up to $60 million in long positions. Coinanalyze data shows that in the past 24 hours, the vast majority of DOGE liquidations came from long positions; only short positions worth about $600,000 were liquidated. In addition, in the past 24 hours, mainstream tokens in the cryptocurrency market fell by 10%, and a total of $440 million in cryptocurrency longs were liquidated.
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