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3 Altcoins Facing Major Liquidation Risk in the Final Week of November

BeInCrypto
XRP, Dogecoin (DOGE), and Tensor (TNSR) face significant liquidation risks due to market volatility and conflicting trading pressures.

Summary

Billion-dollar liquidation events are becoming common, and several altcoins face similar risks in the final week of November. XRP has notable liquidation levels: $300 million in shorts could liquidate if it hits $2.32, and $237 million in longs if it drops to $1.82, influenced by the launch of Grayscale's XRP ETF versus recent whale selling.

Dogecoin (DOGE) also faces liquidation risks around its Grayscale ETF launch on November 24. If DOGE rises above $0.16, $159 million in shorts could be liquidated, but sustained whale selling could trigger long liquidations exceeding $100 million if the price falls below $0.13.

Tensor (TNSR), which recently surged over 340% before correcting, shows high concentration risk with top wallets holding 68% of the supply, leading to accusations of an "insider pump." Liquidations for TNSR are projected around $6 million for shorts if it hits $0.19, and over $5 million for longs if it drops to $0.11.

(Source:BeInCrypto)