Dogecoin short liquidations have fallen to zero over the past 12 hours, according to data from major cryptocurrency derivatives tracking platforms. The unusual absence of liquidated short positions suggests that bearish traders have largely stepped back from the market, potentially signaling a shift in momentum for the meme-inspired cryptocurrency.
Liquidation data from derivatives exchanges shows that no short positions in Dogecoin were forcibly closed during this period, a development that stands in contrast to recent weeks when short sellers were regularly caught off guard by sudden price movements. The lack of liquidations could indicate that bears have either closed their positions voluntarily or are unwilling to open new short positions at current price levels.
Analysts point to several possible explanations for the shift. Dogecoin has been trading in a relatively tight range after a period of volatility, which may have reduced the incentive for short-term directional bets. Additionally, the broader cryptocurrency market has shown signs of stabilization after weeks of selling pressure, potentially reducing bearish conviction across the board.
The absence of short liquidations does not necessarily point to an imminent rally, however. Low liquidation activity can also reflect low trading volume and market participation, conditions that sometimes precede periods of sideways price action rather than directional moves.
Dogecoin remains one of the most heavily traded meme coins by market capitalization, with a loyal community of supporters and regular mentions from high-profile figures. The token has experienced significant price swings throughout 2026, driven largely by social media sentiment and broader market trends rather than fundamental developments in its underlying technology.
This article was adapted from U.Today. Read the original here.
