Dogecoin (DOGE) traders have experienced significant liquidation, with long position traders suffering larger losses compared to short positions. The total liquidation for DOGE stood at $11.18 million, with long positions accounting for $9.90 million and short positions at $1.28 million. This imbalance is due to DOGE's downward streak and lack of price stability. The price of DOGE has fallen to $0.3171, a 5.46% decrease in the last 24 hours, with trading volume also decreasing by 21.48%. Dogecoin whales have taken advantage of the price dip, acquiring 270 million DOGE valued at $89.64 million in anticipation of a possible bullish rebound. The price outlook for DOGE remains uncertain, with no solid clues from its creator, Billy Markus. Traders and investors will need to monitor market dynamics and adapt to the unpredictability of the cryptocurrency space.



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