Dogecoin rose to prominence in 2021 on the back of billionaire Elon Musk posting about the meme coin to his millions of followers on X (formerly Twitter). The price would rally over 10,000% and reach as high as $0.7 before retracing, making a number of new millionaires along the way. However, as the bear market has raged on, the number of Dogecoin wallets that hold a claim to the millionaire status has been rapidly declining, falling more than 50%.

2021 年，亿万富翁埃隆·马斯克 (Elon Musk) 在 X（以前称为 Twitter）上向数百万粉丝发布了有关狗狗币的帖子，狗狗币因此而声名鹊起。在回撤之前，价格将上涨超过 10,000%，最高达到 0.7 美元，一路上诞生了许多新的百万富翁。然而，随着熊市的肆虐，拥有百万富翁地位的狗狗币钱包数量迅速下降，跌幅超过50%。

Only 546 Dogecoin Millionaires Left

仅剩 546 名狗狗币百万富翁

Data from BitInfoCharts reveal the shocking decline that has taken place along the Dogecoin wallets that can boast of millionaire status. This figure which rose above 1,000 during the 2021 pump has fallen more than 50% between 2022 and 2023.

BitInfoCharts 的数据显示，拥有百万富翁地位的狗狗币钱包出现了令人震惊的下降。这一数字在 2021 年泵期内升至 1,000 以上，但在 2022 年至 2023 年期间下降了 50% 以上。

According to the website, there are now only 546 Dogecoin wallets that are holding coins worth $1 million and more. These wallets that hold at least 10 million DOGE have seen a steady decline as investors move out of the meme coin for better prospects.

据该网站称，目前只有 546 个狗狗币钱包持有价值 100 万美元及以上的狗狗币。随着投资者为了更好的前景而撤出模因币，这些持有至少 1000 万个 DOGE 的钱包已经稳步下降。

The figure is even more shocking when looking at wallets that hold more than $10 million on their balances. The data shows that there are only 88 such wallets, signaling that this could be a dying breed.

当查看余额超过 1000 万美元的钱包时，这个数字更加令人震惊。数据显示，此类钱包仅有 88 个，这表明这可能是一个濒临灭绝的品种。

However, these wallets, despite their small numbers, control a significant portion of the DOGE supply. The concentration by large holders is one of the highest in the space with 65% of the total supply controlled by these whale addresses.

然而，这些钱包尽管数量不多，但却控制着 DOGE 供应的很大一部分。大持有者的集中度是该领域最高的之一，这些鲸鱼地址控制着总供应量的 65%。

The smaller investors which make up a larger portion of the over 3 million holder base are left with just 35% of the circulating supply. To put this in perspective, only 78 investors control 21.81% of the total DOGE supply, which translates to 31.69 billion DOGE.

在超过 300 万持有者群体中，规模较小的投资者占了较大比例，但他们仅拥有流通供应量的 35%。从这个角度来看，只有 78 名投资者控制着 DOGE 总供应量的 21.81%，即 316.9 亿个 DOGE。

DOGE Whales Aren’t Giving Up

DOGE鲸鱼并没有放弃

Despite the decline in the number of millionaire Dogecoin addresses, the DOGE whales are not giving up on the meme coin. Data from IntoTheBlock points to accumulation among these large holders who have been topping up their balances in the last few days.

尽管百万富翁狗狗币地址数量有所下降，但狗狗币鲸鱼并没有放弃这种模因币。 IntoTheBlock 的数据表明，这些大户在过去几天一直在补充余额。

Between November 14 and 15, the Large Holders Inflow metric showed a significant spike with 960 million DOGE flowing into the addresses of these large holders. However, they may be selling almost as much as they are buying as the Large Holder Outflow metric saw a 98.65% increase, and 872.31 million DOGE leaving their balances.

11 月 14 日至 15 日期间，大型持有者流入指标显示显着激增，9.6 亿 DOGE 流入这些大型持有者的地址。然而，他们的卖出量可能几乎与买入量一样多，因为大型持有者流出指标增加了 98.65%，并且 8.7231 亿 DOGE 离开了他们的余额。

A selling trend among these large investors could explain why the Dogecoin price has lagged behind the rest of the crypto market. DOGE’s inability to clear the $0.1 level has baffled investors, especially with the likes of Solana (SOL) seeing 50% increases in just 7 days.

这些大型投资者的抛售趋势可以解释为什么狗狗币的价格落后于加密货币市场的其他产品。 DOGE 无法突破 0.1 美元的水平让投资者感到困惑，尤其是像 Solana (SOL) 这样的公司在短短 7 天内就上涨了 50%。