Crypto Express

06/11 09:07

DOGE Fear the whale, but follow the data.

While closely analyzing traders’ and investors’ activity, it appears they have been betting on the bullish side and accumulating the token, according to CoinGlass.

At press time, DOGE held $22.64 million in Long Liquidation Leverage, significantly outweighing the $18.85 million in Short Liquidation Leverage.

Most of this leverage is concentrated on the $0.1876 to $0.1984 levels.

If price continues upward, this cluster could act as a liquidation magnet, potentially triggering a short squeeze and fueling further upside.

Moreover, at the time of analysis, the Cumulative Long Liquidation Leverage was notably heavy on exchanges, suggesting high conviction across major platforms.

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