Dogecoin (DOGE) has witnessed a significant surge in transactions exceeding $100,000 in the past month. This came when the meme coin experienced a substantial price spike.
More whale activity
더 많은 고래 활동
This sudden spike indicates a newfound interest in DOGE from larger financial entities, commonly referred to as "whales" and institutional investors.
이러한 갑작스러운 급증은 일반적으로 "고래"라고 불리는 대규모 금융 기관과 기관 투자자가 DOGE에 새로운 관심을 갖고 있음을 나타냅니다.
The data shows a substantial fluctuation in transaction volumes, with the highest in the last seven days reaching $2.12 billion on Nov. 17, and a low of $965.41 million on Nov. 18.
This trend is particularly notable given Dogecoin's reputation as a more community-focused and less institutionally driven cryptocurrency.
이러한 추세는 Dogecoin이 커뮤니티 중심적이고 덜 제도적으로 주도되는 암호화폐라는 평판을 고려할 때 특히 주목할 만합니다.
Analysts speculate that this increase in whale activity could be a precursor to a significant price movement in the near future.
A reality check
Despite the recent surge in transaction volumes and investor interest, Dogecoin remains considerably distant from its all-time high (ATH). It is currently at 89.65% of its peak value, according to CoinGecko data.
최근 거래량과 투자자 관심의 급증에도 불구하고 Dogecoin은 사상 최고치(ATH)와 상당히 거리가 멀습니다. CoinGecko 데이터에 따르면 현재 최고 가치의 89.65%에 도달했습니다.
The current price of DOGE stands at $0.075715, a stark contrast to its historical highs.
Moreover, the market data reveals that over 40% of Dogecoin holders are experiencing losses, even in light of the recent price increase, according to IntoTheBlock data.
또한 IntoTheBlock 데이터에 따르면 최근 가격 상승에도 불구하고 시장 데이터에 따르면 Dogecoin 보유자의 40% 이상이 손실을 겪고 있는 것으로 나타났습니다.