Cover image via U.Today

封面圖片來自 U.Today

Dogecoin Whales Accumulate Over 700 Million DOGE

狗狗幣鯨魚累積超過 7 億個 DOGE

Amidst a slight crypto market decline, Dogecoin (DOGE) holders have seized the opportunity to invest in the meme coin at a more favorable price. According to market analyst Ali Martinez, whales have accumulated approximately 700 million DOGE within the past 72 hours.

在加密貨幣市場小幅下跌的情況下，狗狗幣（DOGE）持有者抓住機會以更優惠的價格投資迷因幣。據市場分析師 Ali Martinez 稱，鯨魚在過去 72 小時內積累了約 7 億個 DOGE。

Recent Dogecoin Performance

最近的狗狗幣表現

Dogecoin's recent performance has been somewhat volatile. Despite a 12.63% rally over the past month, the price has faced a slight setback over the past week, with a modest 1.32% gain. However, in the last 24 hours, DOGE has experienced a 2.18% growth, currently trading at $0.1602, as per CoinMarketCap data.

狗狗幣最近的表現有些波動。儘管過去一個月上漲了 12.63%，但過去一周價格略有回落，小幅上漲 1.32%。然而，根據 CoinMarketCap 數據，在過去 24 小時內，DOGE 成長了 2.18%，目前交易價格為 0.1602 美元。

Whale Accumulation

鯨魚堆積

Dogecoin's volatile nature has been exploited by whale buyers. Martinez's charts indicate a significant increase in whale holdings in the 100,000,000 to 1,000,000,000 range, particularly since May 29th, when the price of Dogecoin took a bearish downturn.

狗狗幣的波動性已被鯨魚買家利用。馬丁內斯的圖表顯示，鯨魚持有量在 100,000,000 至 1,000,000,000 之間大幅增加，特別是自 5 月 29 日狗狗幣價格出現看跌低迷以來。

With over $112 million invested by Dogecoin whales, it is uncertain whether the price is poised for a recovery.

由於狗狗幣鯨魚投資了超過 1.12 億美元，目前尚不確定價格是否會回升。

Whale Influence on Price

鯨魚對價格的影響

Market whales play a crucial role in determining price trends. Their accumulation reduces the number of assets in circulation, contributing to overall price growth. Sustained accumulation signals confidence among large investors and can positively influence the market's perception of future growth.

市場鯨魚在決定價格趨勢方面發揮著至關重要的作用。它們的累積減少了流通中的資產數量，從而促進了整體價格的成長。持續的累積顯示了大型投資者的信心，並可以積極影響市場對未來成長的看法。

The impact of whales is evident in Shiba Inu (SHIB) and established digital currencies like Bitcoin (BTC). While Dogecoin lacks a deflationary mechanism, whale activity remains a potential driver of bullish price movements.

鯨魚的影響在柴犬（SHIB）和比特幣（BTC）等成熟的數位貨幣中顯而易見。雖然狗狗幣缺乏通貨緊縮機制，但鯨魚活動仍是看漲價格走勢的潛在驅動力。