Dogecoin (DOGE) Experiences Price Drop Amidst Whale Accumulation

Dogecoin（Doge）體驗在鯨魚積累中的價格下降

Despite a recent bearish trend, Dogecoin, the leading meme coin, has attracted considerable attention from cryptocurrency enthusiasts. A notable price decline has spurred significant activity, particularly among large investors.

儘管最近出現看跌趨勢，但領先的模因硬幣Dogecoin吸引了加密貨幣愛好者的大量關注。 尤其是在大型投資者中，價格下降的價格下降引發了重大活動。

Whale Purchases Fuel Interest

鯨魚購買燃料利息

On February 28, 2025, a prominent crypto expert reported on X (formerly Twitter) that whales purchased 530 million DOGE over the preceding three days, capitalizing on the price dip. This accumulation occurred after DOGE breached a key support level of $0.238, resulting in an overall price drop exceeding 17%.

2025年2月28日，一位著名的加密貨幣專家在X（以前是Twitter）上報導說，鯨魚在前三天購買了5.3億多名，利用了價格下跌。 這種累積發生在Doge違反了0.238美元的關鍵支持水平，導致總價格下跌超過17％。

Dogecoin Price Analysis and Future Outlook

Dogecoin價格分析和未來前景

Technical analysis suggests a bearish outlook for DOGE, although the price has consolidated near the crucial support level of $0.175 for the past two trading days. Based on current price action and historical trends, a further 15% price decrease remains a possibility.

技術分析表明，在過去兩個交易日的至關重要的支持水平接近0.175美元的關鍵支持水平上，儘管價格已鞏固。 根據當前的價格行動和歷史趨勢，價格下降15％仍然是一種可能性。

Currently, DOGE trades below its 200-day Exponential Moving Average (EMA), reinforcing the downtrend.

目前，Doge的交易低於其200天的指數移動平均線（EMA），從而增強了下降趨勢。

Trading Volume and Open Interest Decline

交易量和開放利息下降

DOGE is currently priced near $0.206, showing a modest 1.75% increase in the last 24 hours. However, trading volume has decreased by 30% during the same period, suggesting reduced investor participation, likely due to recent price volatility.

Doge目前的價格接近0.206美元，在過去24小時內增加了1.75％。但是，同一時期的交易量減少了30％，這表明投資者的參與可能是由於最近的價格波動所致。

Data from Coinglass indicates a decline in open interest (OI) for DOGE futures contracts, signifying reduced engagement from intraday and derivative traders. This represents the lowest OI level in 2025.

來自Coinglass的數據表明，Doge Futures合同的開放興趣（OI）下降，這表明在日內和衍生品交易員的參與度下降。這代表了2025年的最低OI水平。

Since the presidential inauguration, DOGE's OI has plummeted from $5.25 billion to $1.79 billion, highlighting waning trader interest, possibly attributed to market uncertainty and decreased momentum.

自總統就職典禮以來，Doge's Oi已從52.5億美元下降到17.9億美元，強調了交易者的利息，可能歸因於市場不確定性和勢頭下降。