TREE NEWS reports: A whale holding a $5.35 million DOGE long position is sitting on a $1.53 million loss and is now just 3.65% away from liquidation. The same account had DOGE, XRP and LIT positions liquidated 43 minutes earlier for a $741,800 loss, bringing its total account losses to $3.55 million.
Whale’s $5.35M DOGE Long Down $1.53M, 3.65% From Liquidation
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AI take
The scale of the drawdown matters less than the pattern: a single account took a liquidation hit and then re-entered a leveraged long almost immediately, only to land near the threshold again. That kind of repeated forced selling is worth watching as a liquidity signal, since clustered liquidation levels can amplify moves in either direction. Whether this account is an outlier or part of a broader cohort of similarly positioned longs is the open question.
Generated by AI for reference only.
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