Over the past 24 hours, more than $26 million in Dogecoin (DOGE) futures liquidations were higher than normal, according to data from Coinglass.
Bulls and bears are affected almost equally. The long position is closed by $10 million and the short position is closed by $13 million.
Traders on OKX were the most affected, losing $12 million on their Dogecoin futures positions. Additionally, the open interest in Dogecoin futures surged above $580 million.
According to the previous news, Twitter changed the LOGO icon from the blue bird to the DOGE dog portrait, and DOGE rose for a short time, breaking through 0.1 USDT, with an increase of more than 23% in 24H.