Dogecoin Price Hits Lowest Since August as OKX Traders Pile Into Longs

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Analysis: Dogecoin fell with Bitcoin and chip stocks to as low as $0.0710, its lowest since August. On OKX, the ratio of long to short accounts rose to 5.41 in the process. What the positioning shows, which levels count and where leveraged positions tip over.In the derivatives market, almost all accounts are sitting on the same side.Add as a preferred source on GoogleFollow on Google NewsDogecoin costs around $0.0727 on Thursday evening, November 5, 2026, roughly €0.065. In the afternoon the price fell as low as $0.0710, its lowest level since August 19. What stands out is less the decline itself than the reaction in the derivatives market: on the OKX exchange, the ratio of accounts with a long position to accounts with a short position rose from 4.30 to 5.49 during the sell-off. With every cent the price fell, more traders bet on a recovery. What the data shows: price, daily range, account ratio, open interest and funding rate come from the public market data of Kraken and OKX....