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875% Dogecoin Liquidation Imbalance, DOGE Price to Explode?
NFT Gaming

875% Dogecoin Liquidation Imbalance, DOGE Price to Explode?

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Dogecoin (DOGE), the king of meme coins, has registered a significant uptick in price. In the last 24 hours, the price climbed by more than 11%, setting up a liquidation imbalance of 875% within the past hour.

Bearish traders hit hard as DOGE price surges

As per CoinGlass data, bearish traders suffered more as they were stunned by the price shift. Short position traders saw $700,590 as the price of the meme coin rose steadily following a shift in broader market dynamics.

As of this writing, Dogecoin is changing hands at $0.2359, representing an 11.34% increase in the last 24 hours. DOGE soared to an intraday peak of $0.2417 before experiencing a slight decline.

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The trading volume remains high as it spiked by 165.15% to $5.42 billion in the last 24 hours. This suggests that investors are excited by the increased price performance in the Dogecoin ecosystem.

Meanwhile, those betting long on DOGE also witnessed a negligible loss of $71,880 within the same time frame. The broader market dynamics and rotation of funds into altcoins have paid off for DOGE in the last 24 hours. Investors are embracing riskier assets in the market as recovery kicks in.

Additionally, Dogecoin’s correlation with Bitcoin, the flagship cryptocurrency, has supported the current rebound move of the meme coin. Notably, Bitcoin has, within this same time frame, achieved stability above the $115,000 level.

Is Dogecoin price rally toward $0.30 possible?

Interestingly, less than 96 hours ago, popular on-chain analyst, Ali Martinez, had hinted that DOGE was consolidating and preparing for a possible 40% price increase.

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As highlighted by Martinez, the meme coin could take a while before it attains this level of price gain. If it materializes, the asset could hit $0.30.

A lot might rest on the activities of ecosystem bulls to push prices up to $0.30. Worthy of mention is that Dogecoin whales have been active in the last 10 days. Whales purchased a total of 400 million DOGE valued at over $90.79 million amid the price dip.



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XRP Rockets 7457.83% in Liquidation Imbalance Amid Sudden Price Reversal
GameFi Guides

XRP Rockets 7457.83% in Liquidation Imbalance Amid Sudden Price Reversal

by admin


  • XRP liquidation flips against bears
  • XRP rebounds above $3

The crypto market has seen a shocking shift in investors’ sentiments, and XRP has shown a crazy price surge in the last hour. 

Amid this sudden price surge, XRP has experienced a mild liquidation event during the period, according to data provided by Coinglass.

Following the event, XRP has seen its short traders suffer a massive liquidation bloodbath worth millions of dollars against traders who have placed their bets on the token’s upsurge.

XRP liquidation flips against bears

According to the data, the total amount of XRP liquidated over the last hour crossed a massive $5 million. While long traders had only been liquidated with just $595,000 worth of XRP, the sudden price reversal saw short traders suffer the most losses, with over $4.44 million of their XRP bets wiped off. This marked a massive liquidation imbalance of 7,457.83% in just an hour.

The one-sided liquidation, which favored the XRP bulls, happened when the third-largest cryptocurrency by market capitalization experienced a sudden reversal in market sentiment. This saw the price of XRP surge massively above the long-resisted $3 on August 22.

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The massive price surge came as a surprise, as the token had started the day on the bear’s side, falling as low as $2.8099 on the same day.

While the hourly liquidation trend had caught XRP bear traders off guard, it has bolstered the confidence of investors, restoring hopes for the anticipated $5 target.

XRP rebounds above $3

Following the rapid surge in the price of XRP, the asset now reflects a daily price increase of over 5% despite showing significant price declines during the early hours of the day. On Friday, August 22, XRP traded between an intraday low of $2.798 and an intraday high of $3.05.

Although the market appears to be faced with high price volatilities, the unexpected liquidation event suggests that the market might still be looking for some upside, causing traders to switch positions in efforts to avoid further losses.

While the rally had just started today with leading cryptocurrencies BTC and ETH also flipping positive after multiple days of trading downwards, it appears that the rally might be far from over. The rapid surge has returned the XRP bulls to the winning scene and poised them for more potential gains.



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Shiba Inu
GameFi Guides

Shiba Inu 699,000% Imbalance: What Happened To Trigger It?

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Top meme coin Shiba Inu recorded a 699,000% liquidation imbalance as its price dropped sharply along with the broader crypto market. This has again sparked a bearish sentiment, with the bears looking to be in control. 

How the Shiba Inu 699,000% Imbalance Happened

Coinglass data showed that the Shiba 699,000% imbalance occurred due to the large disparity in the long and short positions that were liquidated in the space of one hour. This came as the SHIB price sharply dropped alongside the broader crypto market, led by Bitcoin, which declined to as low as $112,500 in the last 24 hours. 

The Shiba Inu price has dropped to as low as $0.00001206 during this period from an intraday high of $0.00001264, flushing a significant amount of long positions in the process. Further data from Coinglass shows that $425,230 in long positions have been wiped out in the 24-hour period, compared to just $11,230 in short positions. 

This development has sparked a bearish sentiment among Shiba Inu’s bulls, who appear to be waiting to see how things unfold before reentering the market. SHIB’s open interest is down over 4% in the last 24 hours, currently at $191.38 million. Meanwhile, the derivatives trading volume is also down 2%, currently at $177.46 million. 

However, a positive for Shiba Inu is that the long/short is at 1.0838, which indicates that more traders are currently long than short. This could spark a massive rebound when the market stabilizes. The crypto market is currently experiencing significant volatility ahead of Jerome Powell’s speech at the Jackson Hole Symposium on August 22. Investors await to see whether the Fed Chair will take a hawkish or dovish stance, with rate cuts in focus. 

SHIB Burns Skyrocket 2,196%

Shibburn data shows that Shiba Inu’s burns have skyrocketed 2196% in the last 24 hours, with 1.6 million SHIB burned during this period. However, the burns are down over 28% in the last seven days, with about 72 million tokens burned this period. Increase in burns is typically bullish for the meme coin, since it could spark a supply shock as demand increases. 

The 24-hour increase in Shiba Inu’s burns follows the SHIB Chainlink integration, which enables token burns to occur across multiple networks. Amid these developments, crypto analysts like Javon Marks remain bullish on SHIB’s trajectory. The analyst earlier this month predicted that the top meme coin could rally over 150% to reach $0.000032, which may just be the start of a larger reversal. 

Source: Javon Marks on X

At the time of writing, the Shiba Inu price is trading at around $0.00001226, down over 2% in the last 24 hours, according to data from CoinMarketCap.

SHIB trading at $0.000012 on the 1D chart | Source: SHIBUSDT on Tradingview.com

Featured image from Getty Images, chart from Tradingview.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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Shiba Inu Rockets 699,000% in Hourly Liquidation Imbalance
Crypto Trends

Shiba Inu Rockets 699,000% in Hourly Liquidation Imbalance

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Dog-themed cryptocurrency Shiba Inu has faced a sudden liquidation on the market, leading to a flushing out of leveraged long positions.

The market reversed an earlier rebound in the early Tuesday session as investors awaited the Federal Reserve’s July meeting minutes and its annual Jackson Hole symposium, scheduled to be held from Thursday to Saturday. The Fed will release minutes from its July 29-30 policy meeting, which left rates unchanged on Wednesday, and Fed Chair Jerome Powell is slated to give a speech on Friday.

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Bitcoin reversed to trade near $113,000 after previously surpassing $116,000. Major cryptocurrencies, including Shiba Inu, mirrored this trend, which led to an unwinding of long positions on the derivatives market.

Shiba Inu sees 699,000% liquidation imbalance

Shiba Inu dropped to $0.0000122 after previously reaching $0.0000128, catching traders who were betting on price increases unaware.

According to CoinGlass data, in the last hour, the total liquidation for SHIB came to $111,860; long liquidations accounted for $111,840 while short liquidations came to a surprising $16.50, with the disparity accounting for a 699,000% imbalance.

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The surprising $16.50 figure recorded in short liquidation suggests that most Shiba Inu traders were anticipating a price increase, but the markets took an unexpected turn.

Around press time, SHIB was trading 1.92% in recent hours to $0.0000123, contributing to 3% and 7% daily and weekly losses, respectively.

In a positive update for Shiba Inu ecosystem, Shiba Inu developer Kaal Dhairya highlighted that development work for LEASH v2 has begun. The Shiba Inu team is also consulting with advisors on features and architecture to future-proof LEASH v2 (potentially Zama).



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Abnormal 3,222% Liquidation Imbalance Puts XRP Price Below $2
GameFi Guides

Abnormal 3,222% Liquidation Imbalance Puts XRP Price Below $2

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XRP traders just got hit hard — and most of them didn’t see it coming. In the last 24 hours, XRP dropped 9%, briefly hitting $1.95 before finding any kind of support. For a $130 billion asset, that’s a bit of a shocker. But the real impact wasn’t reflected in the XRP price chart — it was in the derivatives, where the liquidation numbers paint a one-sided picture.

CoinGlass says that $32.07 million of XRP was liquidated. Out of that, $31.10 million came from longs. Shorts were barely touched, with only $965,810 liquidated, showing a crazy 3,222% difference between the two sides. It was a total wipeout of one direction.

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There was a headline behind the move, and the drop didn’t come out of nowhere; the broader market was already on edge, with absurd levels of optimism showing up in pockets of crypto despite the chaos unfolding globally.

Source: CoinGlass

Traders were still stacking leverage as if the noise didn’t matter, but the reality caught up fast. Once the news hit, the reaction was sharp enough to start the unwinding.

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Now it’s textbook long squeeze territory: inflated long exposure, liquidation flow heavily skewed and no strong bid stepping in after the damage. Even after the 9% drop, XRP’s open interest hasn’t disappeared much, which suggests the leverage isn’t gone, just bruised. This means there’s a chance things could get a bit more unpredictable.

For XRP, the price reset happened really quickly. For long traders, it was a blunt reminder: When sentiment breaks and you’re overexposed, there is no floor — just the exit.



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XRP Rockets 2,443% in Liquidation Imbalance as Rebound Resumes
NFT Gaming

XRP Rockets 2,443% in Liquidation Imbalance as Rebound Resumes

by admin


An unusually high liquidation spike has hit XRP in the last 24 hours, setting up an imbalance with the long-to-short ratio difference soaring by 2,443%. The insane liquidation was largely fueled by sell-offs in long-position traders.

Longs wiped out after XRP rejection at $2.18

As per CoinGlass data, XRP’s total liquidation stood at $8.43 million within this time frame. Out of this volume, long position traders accounted for $8,110,000, setting up a much tilted liquidation in the XRP market.

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This development indicates that investors who were anticipating a continued rally of XRP were stunned as the price suffered rejection just before it could hit $2.20. Notably, XRP flashed signs of breaching higher resistance levels, such as the $2.30 price, which might have boosted investors’ confidence.

However, after climbing from $2.09, its momentum faded at a peak of $2.18 in the last 24 hours. Traders betting short on XRP experienced fewer losses. Only $318,760 of their funds were wiped out in the unusual liquidation.

The slight price difference that triggered this massive liquidation implies traders were cautious in their expectations of XRP’s rally. Despite this, long traders still recorded a huge spike in losses, emphasizing the crypto market’s unpredictability.

Bollinger Bands signal possible XRP rebound

Besides XRP, Bitcoin and Ethereum also registered liquidation imbalances, with long-position traders suffering more losses than those betting short on the assets. This suggests that investors in the broader crypto market were bullish about the price shift.

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Meanwhile, XRP Bollinger Bands continue to signal a potential rebound for the coin to higher levels. Market participants are watching to see if further tightening could reduce the prevailing volatility that XRP has been facing.

As of this writing, XRP price was trading at $2.14, representing a 1.37% decline in the last 24 hours. Despite the price fluctuation, trading volume is in the green zone, up 23.17% at $2.23 billion.



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XRP Skyrockets 8,466% in Abnormal Liquidation Imbalance
NFT Gaming

XRP Skyrockets 8,466% in Abnormal Liquidation Imbalance

by admin


A highly unusual spike in liquidation imbalance has been experienced by XRP, with the long-to-short ratio exploding by 8,466% over a 12-hour period. This spike was primarily driven by liquidations concentrated in long positions, exposing a surprising and no less dramatic turn in trader positioning and risk exposure.

According to the CoinGlass heatmap, XRP saw $514,600 in total liquidations during this time. Of that, an overwhelming $508,040 came from long positions, while shorts contributed just $6,565 — one of the most disproportionate liquidation events of the day.

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It is interesting that all this happened in the context of relatively minor price movements. During the same 12-hour period, XRP traded within a narrow range, opening near $2.14998 and closing around $2.15417. The price went up a bit to $2.15758, then dropped back.

Overall, the XRP price posted a small net gain of just 0.20%, which is a far cry from the scale of long-side liquidations triggered.

Source: CoinGlass

Meanwhile, the liquidation activity coincided with wider market turbulence, with total 12-hour liquidations across all assets reaching $36.40 million. For context, Ethereum saw the highest amount of liquidations at $6.56 million, followed by Bitcoin at $3.25 million. XRP’s liquidation spike was notable not because of its volume but because of the one-sided nature of the structure.

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The big loss on long positions suggests that traders might have been caught off guard by a small price drop, which led to stop-outs across highly leveraged long contracts. The limited short liquidations suggest the market was heavily biased toward bullish expectations, which proved unsustainable even with XRP largely holding its ground.



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514% Liquidation Imbalance Stuns Dogecoin Long Traders
NFT Gaming

514% Liquidation Imbalance Stuns Dogecoin Long Traders

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Dogecoin (DOGE) long position traders have again been stunned as a 514% liquidation hit the meme coin’s market space. Notably, after DOGE flashed rebound signals, some traders bet on sustained momentum, but volatility turned the tide.

Dogecoin longs take hit as $6.33 million wiped out

According to CoinGlass data, in the last 24 hours, Dogecoin’s total liquidation stood at $7.36 million. Out of this amount, long position traders saw $6.33 million wiped out as price action shifted, resulting in losses. These investors were betting on a sustained recovery as prices lifted, but the volatility of the crypto space prevented it from materializing.

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Short position traders recorded about one-sixth of the losses suffered by those betting long on DOGE. A total of $1.03 million was liquidated from short position traders, signaling less exposure on the market.

As of press time, Dogecoin remains in the red zone, declining by 2.74% to trade at $0.1711 in the last 24 hours, according to CoinMarketCap.

Nonetheless, trading volume has witnessed an uptick of 28.23% to $1.25 billion within the same time frame. This suggests that investors use the price dip to accumulate more of the meme coin at a reduced rate.

It remains unclear if DOGE whales are behind the current spike in volume. However, investors hope that the sustained increase could trigger a reversal in the price outlook. In the past week, Dogecoin whales were active, transacting over $23 billion worth of DOGE within 24 hours.

DOGE loses market cap ground to Tron (TRX)

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There are lingering concerns in the Dogecoin community as the meme coin faces pressure on the broader crypto market. As U.Today predicted, Dogecoin recently lost the eighth position ranking per market capitalization to Tron (TRX).

Dogecoin was ahead of Tron by about $580 million, but slow price growth caused it to lose against Tron. The only consolation amid the current market setup is that Bitcoin is also experiencing a price decline. Dogecoin investors can only hope that if the leading digital currency rebounds, DOGE might mirror it.



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XRP Records Insane 1,773% Liquidation Imbalance in 1 Hour
GameFi Guides

XRP Records Insane 1,773% Liquidation Imbalance in 1 Hour

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XRP is gaining momentum in the cryptocurrency market again, as the price rose from $2.12 to a peak at $2.18 in the last 24 hours. This slight spike in price has triggered a liquidation imbalance in the XRP futures market, as short traders have lost their positions.

Short traders suffer as XRP price surges

CoinGlass data shows that in the last hour, short position traders saw $151,020 wiped out as the price gain occurred on XRP. These investors were not betting on an XRP recovery and were stunned when prices began to rise.

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Long traders only registered a loss of $8,060 within the same time frame. This suggests that few investors in the XRP space expected the asset’s consolidation phase to linger for a little bit longer.

However, XRP is preparing to retest the $2.30 zone again if the ecosystem bulls can support this move. As of press time, investors had toned down their engagement as trading volume had declined by 42.78% to $2.51 billion.

Meanwhile, the price remains up by 1.79%, and the exchange is at $2.17, according to CoinMarketCap data.

If XRP market participants resume heavy transactions due to the price recovery, the coin will likely move toward the $2.30 resistance level.

XRP 200-day MA and wallet growth flash bullish

As per a recent U.Today report, XRP has the potential to leap from this price zone to higher levels as the asset is now at the 200-day moving average. Notably, this is an excellent support zone for the coin, and a rebound remains possible.

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With the XRP network rapidly expanding as signaled by the 9,000 new wallets within two days, it raises optimism for further growth. The spike in new addresses suggests potential for more liquidity and increased adoption.

XRP futures traders should watch the price trajectory before betting on the asset after this recent shift.



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Bitcoin Sees Abnormal 2,360% Liquidation Imbalance in Just One Hour
GameFi Guides

Bitcoin Sees Abnormal 2,360% Liquidation Imbalance in Just One Hour

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In the last hour, futures on Bitcoin saw a liquidation spike of an epic scale, with bulls taking the full hit. According to CoinGlass, BTC long positions were wiped out at a rate 2,360% higher than shorts — a staggering imbalance, which just perfectly describes how quickly sentiment can flip during uncertain times.

Digging deeper into data reveals that $3.55 million in BTC liquidations were recorded in just one hour, with $3.42 million of that coming from longs. Shorts? Just $130,700. It is obvious that the market leaned heavily into upside bets — and those on the bullish board were blindsided by a sudden reversal.

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The key to the story lies in the price chart of Bitcoin, as the leading cryptocurrency dropped from around $107,400 down to a local low near $106,500, ultimately triggering a liquidation cascade as over-leveraged longs got flushed out. 

Source: CoinGlass

Within minutes, a brief bounce brought prices back above $107,000, but the damage was already done. A sea of red on derivatives dashboards is a silent reminder of how leverage works both ways.

Not just Bitcoin

It is not about Bitcoin alone; the pattern is wider. In the last 24 hours, over 111,000 traders were liquidated, totaling $347.28 million across the board. Longs accounted for $271.75 million — making up 78% of all liquidations — while shorts totaled the remaining $75.53 million. 

The largest single order closed? A $2.15 million BTC/USD position on Binance.

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Interestingly, it was Ethereum that led all assets in liquidation volume this hour, hitting $7.49 million, and only then followed by Bitcoin and Solana with a $2.36 million figure. Smaller altcoins, including DOGE and PEPE, saw less impact, but pockets of forced selling appeared across the board.

The quake trigger here is not just volatility — it is leverage overload. Traders keep stacking long exposure on every dip, and the market keeps punishing the crowded side. Today, it was not the bears who got wrecked, but market optimists.



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