Dogecoin Liquidation Imbalance: 200% Surge as Price Volatility Hits Ecosystem

A recent surge in price volatility has triggered a dramatic liquidation imbalance of 200% for Dogecoin (DOGE). This sudden shift resulted in the wiping out of long-position traders who held bets on the coin’s upward trajectory. Notably, traders betting on a recovery after a brief rally also incurred losses as market sentiment shifted dramatically, driving DOGE’s price down from $0.232 to $0.2266.