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Dogecoin has witnessed a colossal volume of 1.4 billion DOGE transacted within a mere 24 hours, indicating that major players, or "whales," are exerting significant influence on the market. This volume, manifested in large transactions, could portend a potentially pivotal moment for the meme-based cryptocurrency.

狗狗币在短短 24 小时内的交易量就达到了 14 亿 DOGE，这表明主要参与者或“鲸鱼”正在对市场产生重大影响。这一交易量体现在大额交易中，可能预示着基于模因的加密货币的潜在关键时刻。

The sheer magnitude of large USD transactions underscores that the substantial capital flow into and out of Dogecoin is presently bullish. When whales mobilize such substantial sums, it often heralds volatility, as their actions can profoundly impact the market. Dogecoin/USDT Chart by TradingView

大额美元交易的规模凸显了狗狗币的大量资金流入和流出目前是看涨的。当鲸鱼动员如此大笔资金时，通常预示着波动，因为它们的行为可能会对市场产生深远的影响。狗狗币/USDT 图表（由 TradingView 提供）

Complementing the volume in USD, the actual number of large transactions has also surged. This metric holds great significance as it reveals not only the size but also the frequency of major trades. A higher volume of large transactions generally denotes heightened interest from big investors, which can result in enhanced liquidity and, occasionally, greater price stability for a cryptocurrency, contingent upon the nature of the transactions (buy or sell orders).

与美元交易量相辅相成，大额交易的实际数量也激增。该指标具有重要意义，因为它不仅揭示了主要交易的规模，还揭示了主要交易的频率。大额交易量增加通常意味着大投资者的兴趣增加，这可能会导致流动性增强，并且有时会导致加密货币价格更加稳定，具体取决于交易的性质（买入或卖出订单）。

Large Transactions Volume pertains to the actual amount of Dogecoin being transferred in these large transactions. Such spikes are indicative of whales either consolidating their positions by acquiring more DOGE or offloading vast quantities, potentially to realize profits or reallocate their investments.

大额交易量涉及这些大额交易中实际转移的狗狗币数量。这种峰值表明鲸鱼要么通过收购更多 DOGE 来巩固自己的地位，要么抛售大量资金，以实现利润或重新分配投资。

Presently, Dogecoin is hovering around the 50-day Exponential Moving Average (EMA), a critical technical threshold. Having retraced from a local high of $0.16 to $0.15, the focus now transitions to the 100-day EMA. However, this level may not offer robust support as it has not been tested recently, rendering its reliability uncertain.

目前，狗狗币徘徊在 50 天指数移动平均线 (EMA) 附近，这是一个关键的技术门槛。从 0.16 美元的局部高点回撤至 0.15 美元后，焦点现在转向 100 日均线。然而，由于最近尚未经过测试，该水平可能无法提供强有力的支撑，因此其可靠性不确定。

The potential trajectory towards the 200-day Moving Average (MA) at $0.12 could be on the horizon, particularly if whale activity persists. Such maneuvers by large holders can generate ripples across the trading landscape, affecting not only price but also trader sentiment and market momentum.

接近 0.12 美元的 200 天移动平均线 (MA) 的潜在轨迹可能即将出现，特别是如果鲸鱼活动持续存在的话。大股东的此类操作可能会在整个交易领域产生连锁反应，不仅影响价格，还影响交易者情绪和市场动力。