On-chain data shows the Dogecoin whales have made some big moves in the past day, a sign that could be worrying for the asset’s price.

鏈上數據顯示，狗狗幣鯨魚在過去一天中採取了一些重大舉措，這一跡象可能令人擔憂該資產的價格。

Dogecoin Whales Have Made Many Moves During The Last 24 Hours

狗狗幣鯨魚在過去 24 小時內做出了許多舉動

According to data from the cryptocurrency transaction tracker Whale Alert, a few large DOGE moves have been spotted on the blockchain during the past 24 hours.

根據加密貨幣交易追蹤器 Whale Alert 的數據，在過去 24 小時內，區塊鏈上發現了一些 DOGE 的大動作。

All four of these transfers are on the scale of millions in USD, suggesting that whale entities may have been behind them. The whales refer to the largest investors in the sector, who can hold some influence due to the size of their holdings.

所有四筆轉帳的規模都達到數百萬美元，顯示鯨魚實體可能是幕後黑手。鯨魚是指該行業最大的投資者，由於其持股規模，他們可以擁有一定的影響力。

Because of this reason, transfers from this cohort can be something to keep an eye on. How a whale moves could affect the market depends on what the whale intends to achieve with it.

因此，該群體的轉學值得關注。鯨魚的舉動如何影響市場取決於鯨魚打算用它來實現什麼。

Generally, it’s hard to say with certainty about such a motive, but depending on the types of wallets involved and the direction of the coins’ flow, some hints can be gathered.

一般來說，很難確定這種動機，但根據所涉及的錢包類型和代幣流向，可以收集到一些線索。

The two oldest transfers from the past day involved the movement of $5.1 million and $7.5 million worth of Dogecoin to the Robinhood platform. Below are the details for the older of the two transactions.

過去一天發生的兩筆最早的轉帳涉及將價值 510 萬美元和 750 萬美元的狗狗幣轉移到 Robinhood 平台。以下是兩筆交易中較舊的一筆交易的詳細資訊。

As is visible, an unknown wallet was the sender of the transaction. Such wallets are unattached to any known centralized platform and will likely be investors’ self-custodial addresses.

可以看出，交易的發送者是一個未知的錢包。此類錢包不依賴任何已知的中心化平台，並且可能是投資者的自我託管地址。

When an investor shifts their coins from their wallets to exchanges, there is always a possibility the move has been made for selling purposes. As such, this deposit from the whale could be bearish for DOGE. The same would go for the other Robinhood deposit from the past day.

當投資者將代幣從錢包轉移到交易所時，這一舉動總有可能是出於出售目的。因此，鯨魚的沉積物可能對 DOGE 不利。過去一天的另一筆 Robinhood 存款也是如此。

Besides these two deposits, there has been one more exchange inflow transaction in this same window to the cryptocurrency exchange Coinbase.

除了這兩筆存款之外，在同一視窗中還有一筆流入加密貨幣交易所 Coinbase 的交易。

This $5.9 million deposit comes after Dogecoin recovered from its recent lows, so the whale may be looking to sell while some gains remain.

這筆 590 萬美元的押金是在狗狗幣從近期低點回升後產生的，因此鯨魚可能會在仍有一些收益的情況下尋求賣出。

The final transaction from the last 24 hours is the largest of the four, as it has seen DOGE worth a whopping $41.5 million shift across the network. However, this transfer is unremarkable because only unknown addresses have been involved in it.

過去 24 小時的最終交易是四筆交易中最大的一筆，因為 DOGE 在網路上的交易價值高達 4,150 萬美元。然而，這次轉移並不引人注目，因為其中只涉及未知地址。

It’s hard to say what this transaction was made for, as it could be anything from a peer-to-peer (P2P) transfer to a simple change of wallets. Thus, unlike the other exchange deposits, this transfer could end up causing volatility in any direction, or it may not even have any influence.

很難說這筆交易的目的是什麼，因為它可以是從點對點（P2P）轉移到簡單的錢包兌換的任何內容。因此，與其他交易所存款不同，這種轉移最終可能會導致任何方向的波動，甚至可能不會產生任何影響。

DOGE Price

狗狗價格

Dogecoin had recently plunged towards the $0.087 level but has since recovered above the $0.091 mark.

狗狗幣最近暴跌至 0.087 美元水平，但此後已恢復至 0.091 美元大關上方。