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The encryption encryption of $ 2.22 billion, here is how much Dogoin dealers lost

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The entire cryptocurrency market has witnessed a sharp decrease over the past 24 hours, with the total maximum market market with double numbers after a barrage of volatile price fluctuations. It is not surprising, that this sharp recession led to a large -scale qualifier between multiple assets during the last trading day. It is worth noting that this wave of qualifiers has eliminated more than 2.2222 billion dollars of cryptocurrencies during the past 24 hours. According to COININGLASS data, Dogoin dealers I witnessed a large loserS, with numbers that put the Mimi currency among the most difficult assets at this liquidation event.

Dogecoin dealers lose more than $ 82 million in 24 hours

Data from Coinglass It reveals that the Dogecoin qualifiers have been among the strongest in the market over the past 24 hours, such as Parking for the collapse Under the weight of rapid price fluctuations. A closer look at the data shows that the vast majority of these references stems from long situations, as traders suffer from losses of $ 69.32 million. These traders, most of whom expect a gathering this week or at least a stable market, have been neglected at the price of Dogecoin Park Along with the rest of the market, imposing references and successive losses.

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Interestingly, despite the broader trend that tends towards a decrease in prices, the open sellers have not spared the madness of liquidation. The data indicates that a short stage of $ 13.35 million has been filtered, indicating that the short price mutations occurred during the general declining direction. Perhaps these fever increases have stopped losses of some short merchants, which led to a coercive liquidation even with the total path remaining.

The ranking in the market level exceeds 2.22 billion dollars amid high fluctuations

The cryptocurrency market started the new week in a declining note after a period of unification throughout the previous week. He saw Bitcoin, who maintained relative stability, Decrease As the weekend approached, it was cut below $ 100,000 on Sunday and continued to extend the transition from the negative side from there.

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Bitcoin’s decrease raised a wider market, with many major encrypted currencies after their example. At the time of this report, the maximum Crypto Global market has decreased by 11 % over the past 24 hours and is now 3 trillion dollars, its lowest level since November 15, 2024. In the past 24 hours, with a rank exceeding $ 2.22 billion.

Collective liquidation in the encryption market source: Coinglass graph

Bitcoin and Ethereum merchants have taken the largest number of visits in this liquidation. Bitcoin alone recorded more than $ 406.96 million in filtered positions, with a long majority of $ 341.36 million during the past 24 hours. However, ethereum merchants I have seen heavier References, with $ 601 million in erasing centers.

With the presence of $ 12.67 million in the liquidation, the effects of this sale can pave the way to increase volatility alongside other cryptocurrencies short term. At the time of writing this report, Dogecoin is traded at $ 0.235, a decrease of 22.5 % over the past 24 hours.

Dokwin
DOGE Trading at $ 0.25 on 1D graph | Source: Dogeusdt on Tradingvief.com

Distinctive image from Adobe Stock, Chart from TradingView.com

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