3 Altcoins That Could Trigger Major Liquidations in the Third Week of January
XRP, Axie Infinity (AXS), and Dusk (DUSK) show warning signs that could lead to major liquidations for traders this week.Summary
Total market liquidations neared $900 million at the start of the third week of January, partly due to volatility from Trump's tariff impact on the EU. Three altcoins—XRP, Axie Infinity (AXS), and Dusk (DUSK)—are highlighted as potential sources of further liquidations due to conflicting market signals and risk exposure.
XRP recently dropped significantly, but strong whale accumulation below $2.4 suggests potential buying support; however, a rebound to $2.29 could trigger over $600 million in Short liquidations.
AXS has rallied over 120% YTD, driven by upcoming tokenomics changes, but high exchange deposit volumes suggest many investors are preparing to exit, putting Long positions at risk. Meanwhile, DUSK, benefiting from capital rotation into smaller privacy coins, shows a liquidation map dominated by Long positions; a correction below $0.13 could trigger $12 million in Long liquidations, mirroring a past pattern seen with DASH.
Overall, the article cautions that without strict risk management, traders face potential losses due to the clash between geopolitical pressures and internal market dynamics affecting these three assets.
(Source：BeInCrypto)