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Dogecoin (DOGE) Long Traders Stunned as Liquidation Hit $11 Million
The price of Dogecoin (DOGE) has been subject to intense fluctuations, causing traders and investors alike to become increasingly anxious about the future trajectory of the cryptocurrency. Unfortunately, the whales that have been accumulating DOGE in recent times may have just made their move.
According to a surprising update, an unidentified group of whales took advantage of a sudden price dip and made massive purchases, further solidifying their position as key players in the market. This move has left many long traders stunned, with some reporting significant losses due to liquidation.
As of now, DOGE is still in the midst of consolidation, which may not be entirely unexpected given its previous price history. However, this latest development could signal a possible bullish rebound for the cryptocurrency.
Source: u.today
