Dogecoin Futures Rack Up Nearly $90M in Liquidations Over Week | https://t.me/Doge_ShibaInu

Dogecoin Futures Rack Up Nearly $90M in Liquidations Over Weekend in Unusual Move

Dogecoin trading over the weekend saw the shiba inu-themed meme coin reach a market capitalization of over $10 billion, add over 90% in value over the past week and become one of the largest liquidators among futures that track crypto majors.

Dogecoin futures racked up over $89 million in liquidations since Friday amid volatile trading as Elon Musk's purchase of Twitter was confirmed. Some $52 million of those figures originated from short traders, or bets against a token’s price rise. Dogecoin liquidations were the highest among all cryptocurrencies in the past 24 hours at over $27 million. Futures tracking ether and bitcoin, which usually see the largest figures, racked up a relatively lesser $14 million.

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