Dogecoin Experiences Surge in Large Transactions, Boosted by Price Increase

價格上漲推動狗狗幣大額交易激增

Cover image courtesy of U.Today

封面圖片由《今日美國》提供

The dog-themed cryptocurrency Dogecoin (DOGE) has witnessed a significant increase in large transaction volumes, as per data from IntoTheBlock. Within the past 24 hours, Dogecoin recorded a notable $1 billion in large transaction volume, coinciding with a 5% price appreciation.

根據 IntoTheBlock 的數據，以狗為主題的加密貨幣狗狗幣（DOGE）的大交易量顯著增加。在過去 24 小時內，狗狗幣的交易量達到了 10 億美元，同時價格也上漲了 5%。

Large transactions generally refer to transfers surpassing $100,000. IntoTheBlock's Large Transactions Volume in USD indicator estimates the total dollar amount transferred in such transactions, indicating the combined volume transacted by whales and institutional entities in a given day. Surges in Large Transactions Volume signify heightened activity among institutional players, whether buying or selling.

大額交易一般是指超過10萬美元的轉帳。 IntoTheBlock 的美元大交易量指標估計此類交易中轉移的美元總額，顯示鯨魚和機構實體在某一天的交易總量。大額交易量的激增意味著機構參與者的活動加劇，無論是買入還是賣出。

In the last 24 hours, Dogecoin's Large Transaction Volume reached 8.45 billion Dogecoin, representing a 37% growth.

在過去的24小時內，狗狗幣的大交易量達到了84.5億狗狗幣，成長了37%。

Concurrent with the surge in large transaction volume, Dogecoin's price experienced a 5% increase, suggesting heightened demand and positive market sentiment.

在大交易量激增的同時，狗狗幣的價格上漲了 5%，顯示需求增加和積極的市場情緒。

Over the past four days, Dogecoin's price had been declining, mirroring the broader market's trend. This period of depreciation raised concerns among investors and traders, as they observed the value of their holdings decrease.

在過去的四天裡，狗狗幣的價格一直在下跌，反映了大盤的趨勢。這段時期的貶值引起了投資者和交易者的擔憂，因為他們觀察到所持的資產價值下降。

However, a market reversal has occurred, resulting in Dogecoin's price bouncing back by 5%. At the time of writing, DOGE has gained 4.76% in the last 24 hours, trading at $0.1231.

然而，市場出現逆轉，導致狗狗幣價格反彈 5%。截至撰寫本文時，DOGE 在過去 24 小時內上漲了 4.76%，交易價格為 0.1231 美元。

This recent upward trend has provided much-needed relief for holders, rekindling optimism within the crypto community.

最近的上升趨勢為持有者提供了急需的緩解，重新點燃了加密貨幣社群的樂觀情緒。

Multiple factors may have contributed to this rebound. Market analysts propose that buyers may have stepped in following a period of selling pressure. Additionally, the overall sentiment on the crypto market might be shifting, with investors seeking opportunities to make purchases at reduced prices.

多種因素可能促成了這種反彈。市場分析師認為，買家可能在經歷了一段時間的拋售壓力後介入。此外，加密貨幣市場的整體情緒可能正在發生變化，投資者尋求以降價購買的機會。