Whales Accumulate Dogecoin Amid Market Decline

Whales Accumulate Dogecoin Amid Market Decline

The recent market downturn has heightened market sentiment, with some seizing the opportunity to accumulate assets while others offload their holdings. Notably, whales have been actively acquiring Dogecoin (DOGE), the popular meme coin.

Der jüngste Marktabschwung hat die Marktstimmung gesteigert, wobei einige die Möglichkeit nutzen, Vermögenswerte zu sammeln, während andere ihre Bestände abladen. Insbesondere haben die Wale Dotecoin (DOGE), die beliebte Meme -Münze, aktiv erfasst.

Whales Buy 750 Million DOGE

Whales Buy 750 Million DOGE

A respected crypto expert recently shared that crypto whales purchased 750 million DOGE coins during a recent market dip, demonstrating their confidence in the asset. This significant accumulation signals a bullish outlook for investors.

Ein angesehener Krypto -Experte teilte kürzlich mit, dass Kryptowale während eines kürzlichen Markteinfalls 750 Millionen Doge -Münzen gekauft haben, was ihr Vertrauen in das Vermögenswert demonstrierte. Diese signifikante Akkumulation signalisiert einen bullischen Ausblick für Anleger.

Despite this whale accumulation, DOGE has remained largely unaffected price-wise. Currently, the meme coin trades near $0.253, down 5.50% in the past 24 hours. This suggests a potential buying opportunity.

Trotz dieser Walansammlung ist Dogy weitgehend unberührt. Derzeit handelt die Meme -Münz in der Nähe von 0,253 USD und ging in den letzten 24 Stunden um 5,50% zurück. Dies deutet auf eine potenzielle Kaufmöglichkeit hin.

However, trading volume has declined by 30% during the same period, indicating caution among traders and investors.

Das Handelsvolumen ist jedoch im gleichen Zeitraum um 30% zurückgegangen, was auf Händler und Anleger aufwarnen.

Long-Term Holders Accumulate

Langfristige Inhaber sammeln sich an

Despite the lower participation, data from Coinglass reveals that long-term holders and investors continue to add DOGE to their portfolios. Spot inflow/outflow data shows an outflow of over $25 million worth of DOGE from exchanges, indicating potential accumulation. This suggests that long-term holders are moving their assets off exchanges, which could create buying pressure and trigger a further upside rally.

Despite the lower participation, data from Coinglass reveals that long-term holders and investors continue to add DOGE to their portfolios. Spot inflow/outflow data shows an outflow of over $25 million worth of DOGE from exchanges, indicating potential accumulation. This suggests that long-term holders are moving their assets off exchanges, which could create buying pressure and trigger a further upside rally.

Dogecoin Price Action and Key Levels

Dogecoin Price Action and Key Levels

Technical analysis indicates that DOGE is in a bearish trend, trading below the 200 Exponential Moving Average (EMA) on a daily time frame.

Die technische Analyse zeigt, dass sich Doge in einem bärischen Trend befindet und unter dem täglichen Zeitraum von 200 exponentiellen gleitenden Durchschnittsdaten (EMA) handelt.

Recent price action and historical momentum suggest a potential 10% price drop to $0.22 in the coming days.

Die jüngste Preisaktion und die historische Impuls legen einen potenziellen Preis zurück, der in den kommenden Tagen um 0,22 USD zurückgeht.

According to Coinglass data, if the DOGE price falls below $0.246, nearly $8 million worth of long positions will be liquidated, as bulls are currently over-leveraged at this level.

Laut Coinglass-Daten werden bei einem DOGE-Preis unter 0,246 US-Dollar längere Positionen im Wert von fast 8 Millionen US-Dollar liquidiert, da die Bullen derzeit auf diesem Niveau übereinstimmend sind.