$DOGE Derivatives Market Overheating - Bearish
Perpetuals open interest jumped 19% to $863B before the decline, with funding rates reaching +0.0105%, the highest since July 22.
Over-leveraged longs were wiped out as price hit resistance, triggering a cascade of sell-offs.
DOGE’s 24h liquidation heatmap highlights heavy losses between $0.245-$0.252.