Dogecoin joined the recovery in the crypto market, seeing its price rise to a local peak of $0.107 in December. However, the recent decline in DOGE’s value earlier this week was associated with significant sales by Dogecoin miners, who are among the largest holders of the cryptocurrency.
Dogecoin은 암호화폐 시장의 회복에 동참하여 12월에 가격이 $0.107의 현지 최고치까지 상승했습니다. 그러나 이번 주 초 DOGE의 가치가 하락한 것은 암호화폐의 최대 보유자 중 하나인 Dogecoin 채굴자들의 상당한 판매와 관련이 있습니다.
Comments suggest that Dogecoin miners actively sold their assets during the recent price increase. As of November 24, DOGE miners’ total reserves reached 4 billion 670 million DOGE, while by December 12, this number had fallen to 4 billion 400 million DOGE.
의견에 따르면 Dogecoin 채굴자들은 최근 가격 인상 기간 동안 적극적으로 자산을 매각했습니다. 11월 24일 현재 DOGE 채굴자들의 총 매장량은 46억 7천만 DOGE에 이르렀으나, 12월 12일에는 이 수치가 40억 4억 DOGE로 감소했습니다.
The drop after the sale of more than 240 million tokens amounts to approximately 25 million dollars, based on the average DOGE price over the last few weeks.
The sales by Dogecoin miners created a notable selling pressure on the altcoin, causing the DOGE price to fall below $0.091. Although the price started to recover, rising above $0.097, concerns continue that miners’ selling pressure could persist.
There appears to be a change in sentiment among Dogecoin miners, as the number of DOGE they hold showed a slight recovery from 4 billion 400 million to 4 billion 410 million DOGE from December 12 to December 13. Although this is a modest recovery, it indicates a potential shift in the selling trend.
12월 12일부터 12월 13일까지 그들이 보유하고 있는 DOGE 수가 44억 1천만 개에서 40억 4억 1천만 개로 소폭 회복된 것으로 나타나 Dogecoin 채굴자들 사이에 감정의 변화가 있는 것으로 보입니다. 이는 완만한 회복이지만 이는 완만한 회복임을 나타냅니다. 판매 추세의 잠재적 변화.
Monitoring miner net flows, which represent the difference between total inflows and outflows in miners’ wallets, is another important indicator for Dogecoin. Following two days of negative net flows exceeding 80 million DOGE, a positive net flow of 7 million 90 thousand DOGE was recorded on December 13.
While still relatively low, this figure contrasts starkly with the 43 million 330 thousand DOGE recorded on December 12, indicating a potential change in the dynamics of miner activities.
여전히 상대적으로 낮은 수치이지만, 이 수치는 12월 12일에 기록된 4,300만 330,000개의 총독(DOGE)과 완전히 대조되며, 이는 채굴 활동 역학의 잠재적인 변화를 나타냅니다.
As Dogecoin investors monitor the market, recent sales by miners have added complexity to the altcoin’s price trajectory. The ongoing recovery and changes in miner sentiment are likely to affect DOGE’s short-term movements and will compel investors to adapt to these evolving dynamics.
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