The crypto market entered the third week of February with notable recoveries across several altcoins. However, overall negative sentiment has yet to improve, creating conditions for potential liquidations among overly optimistic traders.
Altcoins such as XRP, DOGE, and TAO are drawing attention this week due to significant developments, but they also carry the following risks.
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1. XRP
XRP’s liquidation map shows that the cumulative liquidation volume of Long positions slightly exceeds that of Short positions.
This week, if XRP declines to $1.30, cumulative Long liquidations could surpass $200 million. Conversely, if XRP rises above $1.63, cumulative Short liquidations could reach $150 million.
XRP Exchange Liquidation Map. Source: CoinglassOn Sunday, XRP briefly climbed to $1.66 before quickly falling back below $1.50 on Monday. Analyst Dom identified selling pressure originating from the Upbit exchange through the XRP Spot Cumulative Volume Delta indicator.
XRP Spot Cumulative Volume Delta. Source: DomThe data shows that approximately 50 million XRP were net sold on Upbit within 15 hours, generating strong selling pressure. This pressure emerged ahead of the Lunar New Year’s Eve, a holiday period in many Asian countries that often raises concerns about declining liquidity.
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Meanwhile, XRP accounts for a significant share of trading volume on both Upbit and Bithumb in South Korea. As a result, selling pressure from Asian investors could put Long positions at risk this week.
2. Dogecoin (DOGE)
Recent bullish discussions within the community have encouraged traders to allocate capital to Long DOGE positions this week.
If DOGE falls to $0.091, cumulative Long liquidations could approach $90 million. Meanwhile, if DOGE rises to $0.114, cumulative Short liquidations could total around $53 million.
DOGE Exchange Liquidation Map. Source: CoinglassSponsored
Why should DOGE Long traders remain cautious? Data from Nansen shows that DOGE exchange balances (yellow line) surged abruptly from February 12, when DOGE began its recovery driven by rumors surrounding the upcoming launch of X Money.
DOGE Balance on Exchanges. Source: NansenMany DOGE investors appear to be using the recovery as an opportunity to exit positions by transferring tokens onto exchanges. If this trend continues this week, DOGE could correct and move toward liquidation levels for Long positions.
3. Bittensor (TAO)
The listing of TAO on South Korea’s Upbit exchange on February 16 could provide fresh momentum to support a price recovery.
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The liquidation map shows that if TAO climbs above $283 this week, Short liquidations could exceed $13 million. Conversely, if TAO declines to $160, Long liquidations could reach $11.5 million.
TAO Exchange Liquidation Map. Source: CoinglassAs crypto community discussions around AI continue to capture a high share of overall market attention and Bittensor (TAO) corrects toward a long-term support zone, analyst Michaël van de Poppe expects a strong recovery.
Bittensor (TAO) Price Structure. Source: Michaël van de PoppeNew liquidity from Upbit, combined with Michaël van de Poppe’s assessment, could place TAO Short positions at risk.
Source: https://beincrypto.com/3-altcoins-facing-liquidation-risks-in-the-3rd-week-of-feb/

