Recent on-chain data has shown a transfer of 456 million DOGE tokens into crypto exchange Coinbase amidst a flurry of Dogecoin whale transactions across various exchanges in the past 24 hours. The price of DOGE has majorly traded below the $0.165 price level in the past seven days despite the price uptick among other meme coins. These recent events of whale transfers, however, appear to be leading to a bearish view towards DOGE. Transfers of this nature into a crypto exchange point to the whales getting ready to sell off their bags, which risks crashing the DOGE price.

最近的链上数据显示，过去 24 小时内，在各个交易所发生的一系列狗狗币鲸鱼交易中，有 4.56 亿个 DOGE 代币转移到了加密货币交易所 Coinbase。尽管其他 meme 币的价格有所上涨，但过去 7 天内 DOGE 的价格主要低于 0.165 美元的价格水平。然而，最近发生的这些鲸鱼转移事件似乎导致人们对 DOGE 持悲观态度。将这种性质转移到加密货币交易所表明鲸鱼准备出售他们的袋子，这可能会导致 DOGE 价格崩溃。

Whales Move 456 Million DOGE To Crypto Exchange

鲸鱼将 4.56 亿 DOGE 转移到加密货币交易所

Whale Alerts, a crypto whale transaction tracker, has shown various instances of whale transactions in recent hours. Amidst these transactions is the transfer of 456.83 million DOGE tokens worth $68.7 million into popular crypto exchange Coinbase. Interestingly, the transfer of DOGE was made to Coinbase in two bouts of 228 million DOGE, each worth over $34 million.

Whale Alerts 是一个加密鲸鱼交易跟踪器，最近几个小时显示了鲸鱼交易的各种实例。在这些交易中，价值 6870 万美元的 4.5683 亿 DOGE 代币被转移到流行的加密货币交易所 Coinbase。有趣的是，DOGE 分两批转让给 Coinbase，共 2.28 亿枚 DOGE，每批价值超过 3400 万美元。

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However, considering these transactions were sent in quick succession, the nature of their movement points to them being controlled by the same whale entity.

然而，考虑到这些交易是快速连续发送的，它们的移动性质表明它们是由同一鲸鱼实体控制的。

🚨 🚨 228,105,810 #DOGE (34,341,747 USD) transferred from unknown wallet to #Coinbase
https://t.co/G8TGqtW5Ws
— Whale Alert (@whale_alert) April 26, 2024

🚨 🚨 228,105,810 #DOGE（34,341,747 美元）从未知钱包转移到#Coinbasehttps://t.co/G8TGqtW5Ws — Whale Alert (@whale_alert) 2024 年 4 月 26 日

🚨 🚨 228,725,906 #DOGE (34,435,104 USD) transferred from unknown wallet to #Coinbase
https://t.co/ACnqjOBCAO
— Whale Alert (@whale_alert) April 26, 2024

🚨 🚨 228,725,906 #DOGE（34,435,104 美元）从未知钱包转移到#Coinbasehttps://t.co/ACnqjOBCAO — Whale Alert (@whale_alert) 2024 年 4 月 26 日

A further look into the two whale addresses involved, “DFBx6m” and “DCTpBb”, showed that they no longer hold any tokens at the time of writing. This lends additional credibility to the idea that the transfers were made with the intention of selling off tokens.

进一步研究涉及的两个鲸鱼地址“DFBx6m”和“DCTpBb”，发现它们在撰写本文时不再持有任何代币。这为“转账是为了出售代币”的想法提供了额外的可信度。

Notably, on-chain data shows that both addresses have been holding their DOGE tokens since last year, considering the last inflow of DOGE occurred on November 1, 2023. During this time, the price of Dogecoin was trading around $0.068. It is worth noting that DOGE has gone on an over 120% price increase since then, putting the holdings at a significant profit.

值得注意的是，链上数据显示，考虑到 DOGE 最后一次流入发生在 2023 年 11 月 1 日，这两个地址自去年以来一直持有 DOGE 代币。在此期间，狗狗币的价格约为 0.068 美元。值得注意的是，自那时以来，DOGE 的价格上涨了 120% 以上，使持有的股票获得了可观的利润。

What’s Next For Dogecoin?

狗狗币的下一步是什么？

At the time of writing, DOGE is trading at $0.1511. The crypto is now on a correction path after failing to substantially break above $0.164 in the past week. The recent movement of nearly half a billion Dogecoin suggests major price volatility could be on the horizon. Furthermore, the recent DOGE rally seems to have stalled out as other altcoins and meme coins gain momentum.

截至撰写本文时，DOGE 的交易价格为 0.1511 美元。在过去一周未能大幅突破 0.164 美元之后，加密货币目前正处于修正路径上。最近近 5 亿狗狗币的变动表明价格可能即将出现重大波动。此外，随着其他山寨币和模因币的势头增强，最近的 DOGE 涨势似乎已经停滞。

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While DOGE is currently down by 0.64% in the past seven days, Shiba Inu, PEPE, Dogwifhat, and FLOKI are up by 13.8%, 47.5%, and 32.5% in the same timeframe.

虽然 DOGE 目前在过去 7 天下跌了 0.64%，但 Shiba Inu、PEPE、Dogwifhat 和 FLOKI 在同一时间段内分别上涨了 13.8%、47.5% 和 32.5%。

The future of DOGE can be hard to predict. As with any meme coin, Dogecoin remains highly speculative. Its price continues to be volatile and heavily influenced by hype and social media. According to a crypto analyst, DOGE could continue to drop in the short term. Other analysts are bullish on DOGE, with analyst Ali Martinez even predicting a rally to the $1 price mark.

DOGE 的未来很难预测。与任何模因币一样，狗狗币仍然具有高度的投机性。其价格持续波动，并深受炒作和社交媒体的影响。一位加密货币分析师表示，短期内 DOGE 可能会继续下跌。其他分析师也看好 DOGE，分析师 Ali Martinez 甚至预测其价格将上涨至 1 美元大关。

DOGE price falls below $0.15 | Source: DOGEUSDT on Tradingview.com

DOGE 价格跌破 0.15 美元 |来源：Tradingview.com 上的 DOGEUSDT

Featured image from Bitcoinist, chart from Tradingview.com

精选图片来自 Bitcoinist，图表来自 Tradingview.com

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