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Surpassing Bitcoin: $300M DOGE Positions Liquidated As Dogecoin Price Rallies 1000% In 24 Hours

Fri, 29 Jan 2021, 08:11 am UTC

The liquidated positions on DOGE are more than these on Bitcoin for the past 24 hours following the massive 1000% rally.

About $300 million of DOGE was liquidated in the past 24 hours on both long and short DOGE positions. The most interesting bit is that the liquidations on DOGE are about $30 million more than those on Bitcoin. Third in line is Ethereum's ETH.

In any case, the cryptocurrency has now retraced to about $0.043, which is about 50% less than its peak from just a few hours back.

Coinness

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