ETH, SOL and DOGE slide 7% as $850 million bullish bets end up liquidated

Ethereum (ETH), Solana (SOL), and Dogecoin (DOGE) have all experienced a significant decline of 7% in their market value, following the liquidation of $850 million worth of bullish positions taken by investors. This abrupt change indicates that many traders who were expecting prices to rise were forced to exit their positions, leading to a ripple effect that negatively impacted the overall market sentiment for these cryptocurrencies. source: https://www.coindesk.com/markets/2026/01/31/eth-sol-and-doge-slide-7-as-usd850-million-bullish-bets-end-up-liquidated