• Dogecoin whale activity surged 49.6% to $1.32 billion in 24 hours on October 10th, while trading volumes dropped 22% to $153.7 million.

10 月 10 日 24 小時內，狗狗幣鯨魚活動激增 49.6% 至 13.2 億美元，而交易量下降 22% 至 1.537 億美元。

• A discrepancy exists between retail and large-holder DOGE trading, indicating a tug-of-war in the market.

散戶和大戶 DOGE 交易之間存在差異，顯示市場存在拉鋸戰。

• Despite the current bearish trend, major holders are accumulating DOGE, suggesting long-term bullish expectations.

儘管目前趨勢看跌，但主要持有者仍在增持 DOGE，這表明長期看漲預期。

Dogecoin has seen a divergence between lackluster prices and a spike in whale activity amid the latest crypto sell-off.

在最近的加密貨幣拋售中，狗狗幣的價格低迷與鯨魚活動激增之間存在分歧。

Data from IntoTheBlock shows Dogecoin whale transactions jumped 49.6% to $1.32 billion over 24 hours as of October 10th. This contrasts with a 22% drop in trading volumes to $153.7 million reported by CoinMarketCap.

IntoTheBlock 的數據顯示，截至 10 月 10 日，狗狗幣鯨魚交易量在 24 小時內躍升 49.6%，達到 13.2 億美元。與此形成鮮明對比的是，CoinMarketCap 報告的交易量下降了 22%，至 1.537 億美元。

The mismatch suggests significant counterbalancing forces between retail and large-holder DOGE trading. As broader sentiment wanes, whales appear to be buying up discounted Dogecoin.

這種不匹配表明散戶和大持有者 DOGE 交易之間存在巨大的平衡力量。隨著更廣泛的情緒減弱，鯨魚似乎正在買入折扣的狗狗幣。

This comes amidst slumping Dogecoin price

這是在狗狗幣價格暴跌的情況下發生的

This comes even as Dogecoin hovers around $0.05871, down 17% in recent days. But Dogecoin’s daily active addresses have also ticked 2.45% higher to 45.4K addresses, per IntoTheBlock.

儘管狗狗幣徘徊在 0.05871 美元左右，最近幾天下跌了 17%，但這情況還是出現了。但根據 IntoTheBlock 的數據，狗狗幣的每日活躍地址也增加了 2.45%，達到 45,400 個地址。

The conflicting on-chain data highlights fluid trading conditions across the Dogecoin market spectrum. Weak retail enthusiasm is being offset by resurgent whale accumulation.

相互矛盾的鏈上數據凸顯了整個狗狗幣市場的交易狀況的不穩定。疲弱的零售熱情被鯨魚囤積的復甦所抵消。

Major holders seem to be capitalizing on Dogecoin’s protracted price depression to build positions for an eventual recovery. Their network activity hints at bullish expectations in the long term.

主要持有者似乎正在利用狗狗幣長期的價格低迷來為最終復甦建立頭寸。他們的網路活動暗示了長期看漲的預期。

For now, Dogecoin remains technically bearish and constrained by the downtrend. But its strong whale support offers a silver lining amid the ongoing malaise.

目前，狗狗幣在技術上仍然看跌，並受到下行趨勢的限制。但在持續的低迷時期，鯨魚的強勁支持帶來了一線希望。

If the uptick in large-holder transactions persists, it could lay the groundwork for reduced selling pressure and scope for a trend reversal when macro conditions improve. Whales are bidding their time and buying the dip ahead of the next meme coin mania.

如果大股東交易持續增加，可能會為減少拋售壓力和宏觀條件改善時趨勢逆轉的空間奠定基礎。鯨魚們正在等待時機，在下一次迷因幣熱潮到來之前逢低買進。