the latest data from Coinglass shows that the total amount of liquidation for DOGE across the network in the past hour exceeded 5 million US dollars, reaching 5.3284 million US dollars, of which short positions accounted for 4.4084 million US dollars and long positions accounted for 0.92 million US dollars.

In addition, DOGE has surpassed BTC and become the cryptocurrency with the highest amount of liquidation across the network in the past hour.