3 Altcoins Facing Major Liquidation Risks in the Third Week of February

Despite some market recoveries, overall negative sentiment leaves several altcoins vulnerable to liquidations during the third week of February. XRP shows a slight edge in Long liquidations, with over $200 million at risk if the price drops to $1.30, exacerbated by selling pressure from South Korean exchanges like Upbit ahead of a holiday that may reduce liquidity. Dogecoin (DOGE) has seen increased Long positions driven by X Money rumors, but a surge in DOGE balances on exchanges suggests investors are exiting, potentially leading to a correction toward $0.091 where $90 million in Longs could be liquidated. Finally, Bittensor (TAO), boosted by its listing on Upbit, faces Short liquidation risks exceeding $13 million if it rises above $283, though analyst Michaël van de Poppe remains bullish on its long-term prospects.

(Source：BeInCrypto)