Large Dogecoin Wallets Show Strong Accumulation Despite Market Volatility

尽管市场动荡

The number of wallets holding over 1 million DOGE has increased by 62 since February, representing a 1.24% rise in major Dogecoin holders. This significant accumulation suggests confidence among long-term investors, even amidst recent market volatility. Daily active Dogecoin addresses also surpassed 150,000, reaching their highest level since mid-November. This surge in network activity, coupled with the growth in large wallet holdings, points towards potential price stabilization.

自2月以来，持有超过100万门的钱包的数量增加了62，占主要狗狗币的1.24％。 这种重大积累表明长期投资者的信心，甚至在最近的市场波动中。 每日活跃的Dogecoin地址也超过了150,000，自11月中旬以来达到了最高水平。 网络活动的激增，再加上大钱包持有的增长，指向潜在的价格稳定。

Dogecoin experienced considerable selling pressure during a two-month crypto retracement. However, recent data from Santiment reveals a positive shift. The increase in wallets holding at least 1 million DOGE, combined with the four-month high in active addresses, indicates sustained investor interest and ongoing accumulation. While price volatility persists, on-chain metrics suggest a strengthening underlying network.

Dogecoin在两个月的加密撤回后经历了相当大的销售压力。但是，最新数据揭示了积极的转变。 持有至少100万门的钱包的增加，加上四个月的主动地址，表明投资者的兴趣和持续的积累。 尽管价格波动率仍然存在，但链度指标表明基础网络正在加强基础网络。

Source: Santiment

资料来源：santiment

Growing Large Wallet Holdings

种植大钱包藏品

The substantial increase in wallets holding over 1 million DOGE signifies a growing belief in Dogecoin's long-term potential. This accumulation often precedes price rallies, historically correlating with positive price movements. Furthermore, large-scale accumulation typically reduces selling pressure, as these investors tend to hold their assets for extended periods, potentially mitigating sharp price drops. Continued growth in this metric could signal price stabilization or even a rebound in the coming weeks.

拥有超过100万门的钱包的大幅增加表明，人们对Dogecoin的长期潜力的信念日益增加。 这种累积通常在价格集会之前，历史上与正价格变动相关。 此外，大规模积累通常会降低销售压力，因为这些投资者倾向于长时间持有资产，从而有可能减轻价格下跌。 该度量标准的持续增长可能会在未来几周内表明价格稳定甚至反弹。

Rising Active Addresses Indicate Strong Network Engagement

主动地址上升表明网络参与度很强

The daily active Dogecoin address count exceeding 150,000 represents the highest network activity since mid-November. This signifies increased user engagement and transaction volume, often correlating with price volatility and potential market shifts. High network participation reflects sustained adoption and indicates continued interest from both retail and institutional investors, potentially bolstering Dogecoin's market resilience.

超过150,000的每日活跃的狗蛋白地址计数是11月中旬以来的最高网络活动。这表明用户参与度和交易量增加，通常与价格波动和潜在市场变化相关。 高网络参与反映了持续的采用，并表明零售和机构投资者的持续兴趣可能会增强Dogecoin的市场弹性。

Price Fluctuations and Market Sentiment

价格波动和市场情绪

Dogecoin's price has fluctuated significantly over the past six months, declining after reaching a high in late November 2024, despite intermittent rallies. However, the substantial accumulation in large wallets and the rise in active addresses could signal a potential recovery phase. Recent price stability might indicate a period of consolidation. Sustained high network participation could reignite bullish momentum, although broader market conditions will continue to play a significant role.

在过去的六个月中，Dogecoin的价格在2024年11月下旬达到高涨后，尽管发生了间歇性集会，但仍在下降。 但是，大钱包中的大量积累和主动地址的上升可能标志着潜在的恢复阶段。 最近的价格稳定性可能表明合并时期。 尽管更广泛的市场状况将继续发挥重要作用，但持续的高网络参与可能会重新点燃看涨的势头。