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🔥【DOGE On-Chain Alert】Bearish traders suffer a "triple explosion," bulls' health bar is fully charged!
At the viewer's request, I just retrieved DOGE's on-chain liquidation and position data, see chart 👇
💥 Liquidation data (24h)
· Total liquidations across the network: $25.52M
· Short liquidations: $17.65M — Bullish liquidations in a crushing manner
· Long liquidations: only $786,700
Shorts are nearly 3 times more liquidated, clearly indicating someone is aggressively buying the dip regardless of cost.
📊 Largest pain points in liquidation
· Largest pain point for bears: $0.1124
· Largest pain point for bulls: $0.1034
· Bear pain point is +$0.005986 above the current price
This indicates bears have heavy defenses around $0.112, and once the price approaches, it will trigger a chain reaction of short liquidations. Currently, the price is approaching the pain point, and a short squeeze could be imminent.
Break below $0.0995
→ Longs' total liquidation strength: $60.46 million
Break above $0.1121
→ Shorts' total liquidation strength: $71.60 million
💰 Whale positions and funding rates
· Long positions: $14.8589 million vs. short positions: $17.8485 million
· Funding rate: longs pay $15.1k / shorts receive $58k
Bullish traders are willing to pay the funding rate to hold their positions, indicating extreme market optimism. Currently, whales holding longs are not as large as those holding shorts.
This suggests many retail traders and bullish whales are riding together.
But note: the bullish whale currently has an unrealized profit of $47,580, while the bearish whale has an unrealized loss of $111,860 — shorts are trapped, and forced selling is still on the way.
📌 Conclusion
On-chain data points in the same direction: DOGE bulls are actively squeezing the shorts. Short liquidations are still expanding, with liquidation pain points above, and the funding rate is leaning bullish — this wave of DOGE isn't over yet.
Shorts, buckle up and stay safe; bulls, hold steady. 🐕🚀
This analysis is an original by "Haar H."
If you want to check on other cryptocurrencies' on-chain data,
👉 Leave the coin name in the comments, and I will help you look it up.
Follow "Haar H" to understand the on-chain truth together. $DOGE