13 million DOGE long positions liquidated: whale loses $2.7 million in a bloodbath

LiquidityWitch · 2026-01-19T01:40:10+00:00

Recently, due to market decline, the wallet address 0x10ea's 113 million DOGE were liquidated, resulting in a loss of nearly $2.7 million. This incident demonstrates that even whales holding large amounts of funds can face loss risks in extreme market conditions, reminding investors to exercise caution when using leverage.

LiquidityWitch

2026-01-19 01:40:10

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【CryptoWorld】An on-chain data point sparks attention. According to the latest analysis from Lookonchain, the wallet address 0x10ea holding 113 million DOGE (worth approximately $14.56 million) faced a complete liquidation of its long positions.

The cause is straightforward—the recent market decline made the leveraged long positions unsustainable. The immediate consequence of this trade? Total losses approaching $2.7 million. For any investor, this is a heavy number.

From on-chain data, this is not a story of small retail investors. The fact that an address holds over 100 million DOGE indicates a significant position. When such large positions are forcibly liquidated, it often means there is a problem with the leverage setup behind it—possibly triggered by a margin call or insufficient collateral. DOGE, being a relatively volatile coin, carries considerable risk when using leverage to go long.

This case also serves as a reminder: although on-chain whales have large funds, they are also vulnerable in extreme market conditions. When the market crashes, no one is immune.

DOGE-5,31%

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HashRateHustler

· 18h ago

2.7 million lost, this is the consequence of playing with leverage Even whales have to kneel, DOGE this wave is really fierce Leverage liquidation isn't scary, what's scary is still wanting to keep playing Falling back to the pre-liberation era overnight, have you experienced it? What was this guy thinking, using leverage on DOGE?

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MergeConflict

· 18h ago

Leverage, even the biggest whales can't handle it... Dogecoin is already highly volatile, and you still dare to hold full positions? Serves you right. 3 million gone, my goodness, that must hurt so much. Whales are just one zero more than us. That's why I only hold spot coins and avoid those leverage tricks. Why close positions at the first sign of market reversal? Why didn't you do it earlier? Being liquidated directly due to insufficient margin—too ruthless. On-chain data is just education, but unfortunately no one listens. Once the leverage long position collapses, no matter how much money you have, it's all wasted. If I knew today, why did I use leverage back then? 1.13 billion DOGE exchanged for a bloodbath—was it worth it? In the end, it's still greed, insisting on doubling with leverage. This loss on my part probably would lead to depression.

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MemeEchoer

· 18h ago

Whales also have to explode, this is the magic of leverage. 270 million USD just disappeared like that; playing with leverage on DOGE is really a gambler's game. The more you play, the more you understand—large capital can't save you; the market can turn at any moment. This guy probably didn't set a stop-loss, otherwise it wouldn't be like this. DOGE's volatility has been seriously underestimated; using leverage is just asking for death. Sometimes whales are just expensive retail investors in disguise.

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DaoGovernanceOfficer

· 18h ago

*sigh* empirically speaking, this is just textbook leverage miscalibration... the data suggests most whales still don't understand position sizing frameworks, honestly.

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rekt_but_vibing

· 18h ago

Leverage really is something that no matter how much money you have, it can't save greedy people.

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MidnightTrader

· 19h ago

$2.7 million just gone like that. Leverage is really a killer. Even with money, you can't resist playing with leverage recklessly. This coin DOGE was already shaky... Whales can get liquidated, and retail investors need to be extra careful. Trying to buy the dip turned into being bought up instead—that's the price of greed. It's heartbreaking to watch, but this is the market. Who told you to use leverage?

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