Dogecoin futures just saw something wild—open interest skyrocketed by 6,439% to hit $176 million in a single day. That kind of surge doesn't happen in a vacuum. The spike coincides with renewed buying pressure and a solid price recovery across the board. When that much new leverage enters the market this fast, it signals serious conviction from traders. Whether this momentum holds or becomes a shakeout will likely define the next move.

DOGE0,48%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
tx_or_didn't_happenvip
· 15h ago
The leverage is so intense that I really can't hold on anymore.
View OriginalReply0
AirdropDreamervip
· 01-08 16:54
Damn, this wave of leveraged entry is really intense, 6439%? That's a bit outrageous. --- Such aggressive opening positions, are they about to cut the leeks again? --- Wait, only 176 million in open interest today, who is疯狂加杠 (crazy adding leverage)? --- Can Dogecoin hold up this time? It feels a bit risky. --- Suddenly, the contract exploded so much, I want to follow too. --- Honestly, this kind of rapid surge is the easiest to cause a dump, be careful. --- It's another leverage game, retail investors should just watch. --- This position is risky, a liquidation wave isn't far off. --- I don't believe this kind of rapid rise; capital isn't that stupid.
View OriginalReply0
GasBanditvip
· 01-07 00:51
6439%? Man, this number is way out of line. It feels like someone is risking their life.
View OriginalReply0
RektDetectivevip
· 01-07 00:50
Holy crap, 6439%? How many people must have invested in this?
View OriginalReply0
LiquidityWhisperervip
· 01-07 00:40
Wow, the leverage stacking is so intense. Be careful, or you'll end up catching a falling knife instead of a bottom.
View OriginalReply0
NFTRegrettervip
· 01-07 00:39
Whoa, 6439%? How crazy is this number, it feels like someone is risking their life.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)