Dogecoin Sees Unusual 179,110% Liquidation Imbalance in Massive Bear Wipeout
Over the past hour, Dogecoin has seen a mild liquidation trend with an unusual twist that suggests bear traders are exiting the market.
According to data provided by CoinGlass, the sudden crypto market resurgence witnessed in the last day has spurred unusual activity in Dogecoin’s derivatives market as a total of $179,110 in liquidations has been recorded in the last hour, with short traders bearing none of it.
DOGE sees $0 liquidation twist
Amid the sudden market resurgence, Dogecoin has witnessed extreme abnormalities in its liquidation events, sparking the attention of investors.
Notably, Dogecoin has registered an unusual one-sided liquidation that saw $179,110 in longs being liquidated over the last hour. This happened to be the only liquidation carried out during the period, as no liquidation was recorded for short traders.
While an abnormal liquidation like this is not commonly witnessed in the Dogecoin derivatives market, the zero activity from DOGE short traders has sparked curiosity among market participants.
It is important to note that, in situations when short traders face little to no liquidations, the basic interpretation is that they have won their bearish bets over the negative movements in the price of the asset at the time.
However, this is not the case this time as Dogecoin has maintained an upward trend in the last 24 hours. This means that no bearish bet could have won during the period.
While DOGE's price was seen moving slowly yet upward during the period, showing signs of a potential rebound, it appears that traders are not certain about a potential downturn in the price of the asset. As such, no short positions were opened during the period.
While Dogecoin is seeing heightened demand as the impressive performance of the first Dogecoin ETF is also seen driving a new wave of fresh momentum for the asset, it is unlikely for traders to be bearish on the asset at a time like this.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Institutions Develop Blockchain Foundations, Signaling the Advancement of the Crypto Industry
- Institutional crypto adoption accelerates as venture funding, ETFs, and strategic acquisitions drive market maturation, per Cosmos Labs CEO Magnus Mareneck. - Coinbase's $375M Echo acquisition and BlackRock's $137.5M Ethereum/Bitcoin ETF inflows highlight infrastructure-building over speculation. - Cosmos emphasizes interoperability to support DeFi and tokenization, with partnerships enabling programmable banking and real-time settlements. - Mareneck warns of valuation risks (e.g., SEALSQ's 10.1x P/B rat
Solana News Update: Solana ETF Climbs While Token Declines: Institutional Demand Contrasts with Retail Outlook
- Bitwise's Solana Staking ETF (BSOL) raised $222.8M in assets on its 2025 debut, outpacing most new ETFs with $56M in first-day trading volume. - The fund offers direct Solana exposure with staking rewards, attracting institutional interest through a novel structure distinct from traditional spot ETFs. - SEC guidance on PoS and liquid staking enabled BSOL's launch, with Bitwise leveraging its European staking product experience to enter the U.S. market. - Despite BSOL's success, Solana's token price fell
Bitcoin Updates: The Crypto Market’s Psychological Maze Encounters AI’s Strategic Pathway Out
- Token Metrics AI Indices combat crypto volatility by using analytics to address psychological biases like FOMO and panic selling. - Bitcoin near $115,000 faces 2025-2026 price forecasts up to $500,000, driven by Fed rate cuts and U.S.-China cooperation boosting liquidity. - AI tools project $177,000–$427,000 BTC ranges based on market cap scenarios, while prioritizing risk mitigation through diversification and real-time monitoring. - Dynamic AI strategies balance growth and downside protection, using me
OceanPal’s Shift to AI and Blockchain Triggers 22.5% Drop in Share Price
- OceanPal Inc. pivoted to AI via a $120M investment in NEAR Protocol, launching SovereignAI to commercialize blockchain-based AI infrastructure. - The strategy targets 10% NEAR token ownership and leverages NVIDIA tech for confidential AI-cloud solutions, aligning with institutional interest in privacy-focused AI. - Despite continued shipping operations, OceanPal reported a $10.4M net loss and saw its stock drop 22.5% post-announcement, reflecting market skepticism about the strategic shift. - Backed by c
Trending news
MoreCrypto prices
More
