A notable short position on $DOGE
Dogecoin valued at $25,800 was recently liquidated as the token’s price reached $0.213 .
This situation occurred when a trader who had anticipated a decline in Doge coin's value faced an unexpected price rise instead.
As a result the platform automatically closed the position at $0.213 to prevent larger losses a common safeguard in leveraged trading.
In this case $DOGE coin's upward price movement countered the trader's expectations forcing an exit from the trade and likely causing a financial loss due to the sudden market shift.
