Dogecoin Futures Hold $1.5 Billion in Open Leverage: What Investors Need to Know
2 Articles
2 Articles
Dogecoin Futures Hold $1.5 Billion in Open Leverage: What Investors Need to Know
The Dogecoin price stood at $0.0932 on Monday evening, 4.2 percent below its level of 24 hours earlier. In euro terms that is about €0.0822. The real story is not in that number, though, but in where it is set: trading in Dogecoin now takes place mainly on the derivatives market, and according to...
The Dogecoin price stands at 0.0932 US dollars on Monday evening and thus 4.2 percent below the level of 24 hours ago. In euros this is around 0.0822 Euro. However, the actual news is not in this number, but in where it arises: The trade with Dogecoin is now predominantly taking place on the future market, and there, according to data from the analysis firm CoinGlass, there are around 1.5 billion US dollars in open leverage positions. Measured b…
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