DOGE has experienced its biggest wave of liquidations since 2021 amid recent market volatility, resulting in liquidations of long positions as high as $60 million. Coinanlyze data shows that almost all of DOGE's liquidation activity in the past 24 hours has come from long positions. Only short positions worth about $600,000, or positions betting on a falling token, were liquidated. Furthermore, in the past 24 hours, the major tokens have fallen by 10%, and cryptocurrency bulls totaling 440 million dollars have been liquidated.