Dogecoin has put the derivatives markets under pressure in record time. In four hours, long-position traders saw over $590,000 go up in smoke, trapped by a 1,000% liquidation imbalance. The asset, propelled by a staggering rebound before plunging again, has exposed the prevailing nervousness and the vulnerability of speculative positions. This sequence illustrates how unpredictable Dogecoin remains, even for the most seasoned operators.
The article Crypto: Dogecoin Collapses and Shatters Long Positions first appeared on Cointribune.
