In a thrilling plot twist witnessed recently, a Dogecoin whale’s massive selloff appears to be garnering significant attention among crypto market traders and investors globally as DOGE recently dropped to the $0.15 mark, following a notable upward momentum showcased in the past few days. Aligning with a substantial crypto market crash witnessed yesterday, resulting from colossal selloffs, this DOGE offloading chronicle birthed bearish sentiments on one of the most prominent meme coins globally.

最近出現了令人興奮的情節轉折，狗狗幣鯨魚的大規模拋售似乎引起了全球加密貨幣市場交易者和投資者的極大關注，繼過去幾天表現出顯著的上漲勢頭後，狗狗幣最近跌至0.15 美元大關。與昨天目睹的大規模拋售導致的加密貨幣市場大幅崩盤相一致，這部 DOGE 拋售記錄引發了對全球最著名的模因幣之一的看跌情緒。

Dogecoin Whale’s Offloading Mirrors Bearishness

According to the insights unveiled by the blockchain tracker Whale Alert, a whopping 118.40 million DOGE, worth $19.75 million, was noted to be shifted to Robinhood by an unknown wallet address today, March 16. This selloff birthed a tidal wave of bearishness on Dogecoin, aligning with its recent fall, as the transaction also showcased the whale’s loss of confidence in the abovementioned asset.

狗狗幣鯨魚的卸載反映了熊市情緒 根據區塊鏈追蹤器 Whale Alert 公佈的見解，今天（3 月 16 日），價值 1,975 萬美元的 1.184 億個 DOGE 被一個未知的錢包地址轉移到 Robinhood。人們對狗狗幣的看跌情緒與最近的下跌一致，因為該交易也顯示了鯨魚對上述資產失去了信心。

Meanwhile, with speculations of a potential meme coin rally end hovering over the crypto horizon, as the majority of meme tokens noted a dip in recent days, this selloff added up to the tidal wave of bearish thoughts on the Elon Musk-supported meme coin.

與此同時，隨著大多數meme 代幣最近幾天出現下跌，人們對潛在meme 幣反彈結束的猜測在加密貨幣領域徘徊，這種拋售加劇了對 Elon Musk 支持的meme幣的看跌浪潮。

While, in the interim, market dynamics for DOGE further fueled speculations over a continued slump ahead.

同時，DOGE 的市場動態進一步加劇了對未來持續低迷的猜測。

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Dogecoin Slips

As of writing, Dogecoin’s price noted a substantial drop of 4.17% over the past 24 hours and is currently resting at $0.1604. The meme token even slipped as low as $0.15 today, alarmingly piquing worldwide attention. With the whale’s selloff further weighing in, a bearish sentiment for the token prevails within the broader crypto market.

狗狗幣下跌 截至撰寫本文時，狗狗幣的價格在過去 24 小時內大幅下跌 4.17%，目前穩定在 0.1604 美元。今天，Meme 代幣甚至跌至 0.15 美元，引起了全世界的關注。隨著鯨魚的拋售進一步加劇，更廣泛的加密市場普遍存在對該代幣的看跌情緒。

Derivatives data highlighted by Coinglass additionally showcased bears taking control, as the open interest and volume dropped 6.32% and 48.57% simultaneously. This hinted at decreased market participation among investors, accompanied by a potential lack of confidence in DOGE’s short-term prospects, adding up to negative sentiments in the market.

Coinglass 強調的衍生性商品數據也顯示空頭佔據主導地位，未平倉合約和交易量同時下降 6.32% 和 48.57%。這暗示投資者的市場參與度下降，同時對 DOGE 的短期前景可能缺乏信心，加劇了市場的負面情緒。

Meanwhile, the RSI hovering somewhere around 58 signaled that the asset may not be overbought or oversold. This, coupled with derivatives data and a price fall, pointed to a cautious outlook for the asset in the near term, with bears currently dominant.

與此同時，RSI 徘徊在 58 左右，表明該資產可能不會超買或超賣。再加上衍生性商品數據和價格下跌，顯示該資產近期前景謹慎，目前空頭占主導地位。

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