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**Title:** 20,168,692 Dogecoin (DOGE) Liquidated in 24 Hours, What Happened?
**Introduction:**
In a shocking and unprecedented move, a staggering 20,168,692 Dogecoin (DOGE) was liquidated in just 24 hours. This massive amount of DOGE being liquidated in such a short span is unheard of, leading many to speculate about what could have triggered this sudden surge.
**The Situation:**
In an unexpected move, the DOGE market experienced a high-liquidation pattern, mirroring Bitcoin’s price rally. The data reveals that $59.95 million worth of Bitcoin was liquidated in long positions ($42.73 million) and short positions ($17.21 million). Similarly, Ethereum saw significant losses with $46.72 million in liquidations, $28.05 million attributed to long-position traders and $18.67 million for short traders.
**The Impact on DOGE:**
It appears that Dogecoin (DOGE), the popular meme cryptocurrency, has suffered a massive amount of liquidations, surpassing any recorded event in its history. With these unprecedented losses, it is crucial to examine what may have triggered this extreme reaction.
**Conclusion:**
In conclusion, I would like to add that this sudden surge in DOGE liquidation calls for further investigation and analysis.
Source: u.today
