This week, there are several Altcoins at risk of large liquidations. Below is a list of some Altcoins that are susceptible to liquidation:
- *$XRP *: With a total open position value in the derivatives market reaching an all-time high of 10.9 billion USD, XRP is at risk of a liquidation of 1 billion USD if the price drops to 3 USD ¹.
- *$DOGE *: at risk of a liquidation of 300 million USD if the price drops to 0.236 USD, as traders make large bets on the revival of the meme coin ¹.
- *$ADA *: at risk of a liquidation of 120 million USD if the price drops to 0.78 USD, amidst rising open interest and uncertainty related to audits ¹.
These Altcoins are at risk of liquidation due to price volatility and changes in market sentiment. However, it is important to note that the cryptocurrency market is always volatile and carries significant risks. Therefore, before making any investment decisions, you should conduct thorough research and consider various factors.