Dogecoin Price Surge Attributed to Whale Accumulation

狗狗幣價格飆漲歸因於鯨魚積累

Dogecoin (DOGE) witnessed a notable 7% price jump within the past 24 hours, coinciding with significant whale activity in the cryptocurrency market.

狗狗幣 (DOGE) 的價格在過去 24 小時內大幅上漲 7%，與加密貨幣市場的鯨魚活動相吻合。

Whale Accumulation Fuels Market Sentiment

鯨魚的累積刺激了市場情緒

According to data from on-chain analytics firm Santiment, large holders (whales) acquired an additional 590 million DOGE during this period. This accumulation has generated increased interest, reflected in higher trading volumes and derivative activity.

根據鏈上分析公司 Santiment 的數據，大持有者（鯨魚）在此期間額外購買了 5.9 億個 DOGE。這種累積引起了人們越來越多的興趣，這反映在交易量和衍生性商品活動的增加上。

Whale Wallet Growth

鯨魚皮夾增長

Santiment analysts indicate that whale addresses holding between 10 million and 1 billion DOGE amassed 590 million DOGE in a single day. This increase suggests that large investors are optimistic about Dogecoin's future.

Santiment 分析師表示，鯨魚地址持有 1,000 萬至 10 億個 DOGE，一天之內就累積了 5.9 億個 DOGE。這一增長表明大型投資者對狗狗幣的未來持樂觀態度。

Dogecoin's Price and Market Performance

狗狗幣的價格和市場表現

On January 21, Dogecoin rose 7% to $0.3673, peaking at $0.40 before retracing. It maintained a higher level than its opening price of $0.3422, trading primarily between $0.36 and $0.38.

1 月 21 日，狗狗幣上漲 7% 至 0.3673 美元，最高觸及 0.40 美元，然後回落。它維持在高於開盤價 0.3422 美元的水平，交易價格主要在 0.36 美元至 0.38 美元之間。

Market capitalization also experienced a 7.36% growth to $54.26 billion. Trading volume increased by 13.98% to $8.46 billion, indicating heightened participation from both retail and institutional investors.

市值也成長了 7.36%，達到 542.6 億美元。交易量成長 13.98% 至 84.6 億美元，顯示散戶和機構投資者的參與度有所提高。

Whale Purchases and Mainstream Participation

鯨魚購買與主流參與

The price rally is attributed to whale purchases and mainstream market participation, as evidenced by the high trading volume at its onset.

價格上漲歸因於鯨魚購買和主流市場參與，一開始的高交易量就證明了這一點。

The launch of the United States Department of Government Efficiency (D.O.G.E), spearheaded by Elon Musk, also positively influenced Dogecoin. The department's website featuring the Dogecoin logo attracted attention and contributed to a 15% price increase within minutes.

由伊隆馬斯克主導的美國政府效率部（D.O.G.E）的成立也對狗狗幣產生了正面影響。該部門以狗狗幣標誌為特色的網站引起了人們的關注，並在幾分鐘內導致價格上漲了 15%。

Growing Derivative Interest

衍生性商品利息不斷成長

Open interest (OI) in Dogecoin's derivatives market reached $2 billion, indicating a 6.26% surge over the last 24 hours. This parameter represents the value of active perpetual contracts, signaling increased trading interest.

狗狗幣衍生性商品市場的未平倉合約 (OI) 達到 20 億美元，在過去 24 小時內激增 6.26%。此參數代表活躍永續合約的價值，顯示交易興趣增加。

Binance Dominates Derivative Trading

幣安主導衍生性商品交易

Binance, with $910 million, leads all exchanges in Dogecoin derivative trading, followed by Bybit ($743 million) and OKX ($334.5 million). These platforms handle a significant portion of DOGE's derivative activity.

幣安以 9.1 億美元在狗狗幣衍生性商品交易中領先所有交易所，其次是 Bybit（7.43 億美元）和 OKX（3.345 億美元）。這些平台處理 DOGE 衍生性商品活動的很大一部分。

Dogecoin holds a notable share of 2.74% and 2.87% in the crypto market's total OI and perpetual contracts, respectively, highlighting its prominence among altcoins.

狗狗幣在加密貨幣市場的 OI 和永續合約總量中分別佔 2.74% 和 2.87% 的顯著份額，凸顯了其在山寨幣中的突出地位。