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Solana and Dogecoin Surge as Crypto Shorts Get Liquidated - $260M Wiped Out in Market Rally

Solana and Dogecoin Surge as Crypto Shorts Get Liquidated - $260M Wiped Out in Market Rally

Author:
decryptCO
Published:
2025-09-29 06:01:11
15
1

Solana, Dogecoin and Others Lead Gains as Short Liquidations Top $260M

Crypto markets erupt as bears get crushed in massive liquidation event.

The Bloodbath for Short Sellers

Over $260 million in leveraged positions vaporized in hours as Solana and Dogecoin lead the charge upward. Traders betting against the rally watched their positions disintegrate - another reminder that timing this market is like trying to catch a falling knife with your teeth.

Altcoin Domination

While Bitcoin and Ethereum held steady, the real action happened further down the market cap ladder. SOL and DOGE ripped through resistance levels, proving once again that in crypto, the biggest gains often come from the most unexpected places.

The Domino Effect

Each liquidation triggered more buying pressure, creating that beautiful cascade effect that turns cautious bears into panicked buyers. The market's built-in mechanism for punishing doubters worked perfectly - almost like the system was designed to transfer wealth from the skeptical to the faithful.

Another day, another quarter-billion dollars proving that in crypto, the trend really is your friend - until it isn't. But for now, the bulls are firmly in control, leaving short sellers to wonder why they ever thought fighting the Fed was a good idea.

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