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reached a market capitalization of $10 billion during trading on Sunday.
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it has become one of the largest liquidators among futures that track crypto majors and added over 90% in value over the past week
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Dogecoin futures have attracted $89 million in liquidations since Friday.
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That figure was $52 million, from short traders wagering on the price of a token.
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That figure was $52 million, from short traders wagering on the price of a token.
Image Credit : Google
Liquidations may occur when the trader loses their initial margin due to an exchange's exit.
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In a leveraged position, a trader can not meet margin requirements.
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Liquidations of Dogecoin were the highest in the past 24 hours at over $27 million.
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Futures tracking ether and bitcoin,
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The biggest losses are $12 million and $14 million respectively.
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Image Credit : Google