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.
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tx_or_didn't_happen
· 15h ago
The leverage is so intense that I really can't hold on anymore.
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AirdropDreamer
· 01-08 16:54
Damn, this wave of leveraged entry is really intense, 6439%? That's a bit outrageous.
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Such aggressive opening positions, are they about to cut the leeks again?
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Wait, only 176 million in open interest today, who is疯狂加杠 (crazy adding leverage)?
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Can Dogecoin hold up this time? It feels a bit risky.
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Suddenly, the contract exploded so much, I want to follow too.
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Honestly, this kind of rapid surge is the easiest to cause a dump, be careful.
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It's another leverage game, retail investors should just watch.
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This position is risky, a liquidation wave isn't far off.
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I don't believe this kind of rapid rise; capital isn't that stupid.
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GasBandit
· 01-07 00:51
6439%? Man, this number is way out of line. It feels like someone is risking their life.
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RektDetective
· 01-07 00:50
Holy crap, 6439%? How many people must have invested in this?
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LiquidityWhisperer
· 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.
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NFTRegretter
· 01-07 00:39
Whoa, 6439%? How crazy is this number, it feels like someone is risking their life.
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.