đ $DOGE perpetual contract saw a $641,000 long position liquidated intraday, with the price around 0.06414.
In large liquidations, the positions are usually highly leveraged and unable to withstand the move.
When prices rise or fall sharply, liquidations often happen in clusters: the first batch of positions gets liquidated, pushing the price further and triggering the next batch.
All indicators only describe price movements that have already happened; prices could just as easily move in the opposite direction.
In large liquidations, the positions are usually highly leveraged and unable to withstand the move.
When prices rise or fall sharply, liquidations often happen in clusters: the first batch of positions gets liquidated, pushing the price further and triggering the next batch.
All indicators only describe price movements that have already happened; prices could just as easily move in the opposite direction.