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Dogecoin Traders Face Massive Liquidations as Shorts Get Rekt Amid Surge in Meme Coin Momentum

By Yahoo! Finance   |   Nov 20, 2024 at 07:41 PM EST
Dogecoin Traders Face Massive Liquidations as Shorts Get Rekt Amid Surge in Meme Coin Momentum

Dogecoin surged to $0.42 after Bitcoin hit $94,000, but quickly dropped to $0.39 due to volatility. Over $25 million in DOGE futures positions were liquidated, with one trader losing $1.05 million.

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