Dogecoin Whales Are Offloading Hundreds Of Millions Of DOGE, Here Are The Facts
Dogecoin whales are now back in the spotlight as recent on-chain metrics reveal a major move involving hundreds of millions of DOGE. The latest data shows 440 million DOGE being offloaded as selling pressures intensify. Amidst this sharp decline in whale holdings, the meme coin’s price has experienced significant volatility, falling to $0.18 after recording weeks-long losses. Dogecoin Whales Trim DOGE Holdings En Masse According to on-chain data from crypto analytics platform Santiment, wallets holding between 10,000,000 and 100,000,000 DOGE have sold off roughly 440 million tokens within....
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On-chain data shows that Dogecoin whales are offloading their coins, providing a bearish outlook for the foremost meme coin. This comes amid the significant decline in the DOGE price, with the meme coin at risk of dropping below the psychological $0.2 level. Dogecoin Whales Are Dumping Their Coins Santiment data shows that Dogecoin whales, who […]
Interest in Dogecoin (DOGE) has been on a steady decline in the last year and miners have not been exempt from this. Recent data shows that these miners may already be losing faith in the meme coin which they have been offloading in the millions in the last two months. Dogecoin Miners Sell $53 Million […]
Dogecoin (DOGE) is back in focus as whale activity ramps up despite the latest market correction. New on-chain data reveals that millions of DOGE are being transferred from Binance to private wallets, suggesting that major holders may view the current pullback as a prime entry point. With prices sliding from recent highs, whales also appear […]
A stark line in the sand has emerged for Dogecoin. Market analyst Ali Martinez (X: @ali_charts) argues that the meme-coin’s near-term trajectory is binary around the $0.18 handle, pairing a channel-based price map with an on-chain URPD readout that concentrates risk directly below. His warning is unambiguous: “Dogecoin fate could hinge on $0.18. If it fails, $0.07 might be next.” Dogecoin Needs To Bounce Now Martinez published a one-day chart on November 1 depicting DOGE oscillating inside an ascending channel and presently testing its lower boundary. The chart print shows Binance’s....
The cryptocurrency market has been on edge in recent weeks, and two of its most recognized meme tokens, Dogecoin and Shiba Inu, have suffered the brunt of the sell-off. Both coins have seen significant price drops with low bullish whale activity, declining on-chain performance, and worsening market sentiment. Dogecoin’s fall is aggravated by large holders selling massive amounts of tokens, while Shiba Inu’s troubles are due to its inability to sustain liquidity and demand through its layer-2 network, Shibarium. Together, their price crashes reflect the unease among retail traders....