In a thrilling plot twist witnessed today, April 4, Dogecoin whales appear to have accumulated nearly 200 million DOGE, reverberating a frenzy across the cryptocurrency landscape. This move by the whales, emerging amid a substantial downtrend noted by the token, sparked speculations over a bolstered price action ahead.

4 月 4 日，在令人激动的情节转折中，狗狗币鲸鱼似乎已经积累了近 2 亿个 DOGE，在加密货币领域引起了轩然大波。鲸鱼的这一举动是在代币大幅下跌的情况下出现的，引发了对未来价格走势增强的猜测。

Meanwhile, DOGE continued to trade in the red today, moving sideways along the $0.18 mark. Concerning this, the meme coin appears to be finding some support at current prices, preventing it from facing a further slump. However, on-chain data for Dogecoin added a tint of bearish sentiments to the token, pinpointing a downtrend within the broader crypto market.

与此同时，DOGE 今天继续下跌，沿着 0.18 美元关口横盘整理。考虑到这一点，迷因币似乎在当前价格下找到了一些支撑，防止其面临进一步的暴跌。然而，狗狗币的链上数据给该代币增添了一丝看跌情绪，指出了更广泛的加密市场的下行趋势。

Dogecoin Whale Accumulation Sparks Curiosity

According to the data revealed by the blockchain tracker Whale Alert, 201.41 million DOGE was accumulated over the past 24 hours via two whales collectively. The first transaction illustrated a whale’s massive 121.41 million DOGE accumulation, worth $20.94 million. Whereas, the second transaction showcased 80 million coins accumulated, worth $13.74 million. Notably, both the transactions took place via Robinhood, a renowned American trading services platform.

狗狗币鲸鱼积累引发好奇根据区块链追踪器Whale Alert透露的数据，在过去24小时内，两只鲸鱼总共积累了2.0141亿DOGE。第一笔交易说明了鲸鱼积累了 1.2141 亿个 DOGE，价值 2094 万美元。而第二笔交易则累计了 8000 万枚代币，价值 1374 万美元。值得注意的是，这两笔交易都是通过美国著名交易服务平台Robinhood进行的。

🚨 121,419,495 #DOGE (20,944,843 USD) transferred from #Robinhood to unknown wallethttps://t.co/hvYaqDHnIm

🚨 121,419,495 #DOGE（20,944,843 美元）从 #Robinhood 转移到未知钱包https://t.co/hvYaqDHnIm

— Whale Alert (@whale_alert) April 3, 2024

— 鲸鱼警报 (@whale_alert) 2024 年 4 月 3 日

🚨 80,000,000 #DOGE (13,749,573 USD) transferred from #Robinhood to unknown wallethttps://t.co/GvNDIDjJy6

🚨 80,000,000 #DOGE（13,749,573 美元）从 #Robinhood 转移到未知钱包https://t.co/GvNDIDjJy6

— Whale Alert (@whale_alert) April 3, 2024

— 鲸鱼警报 (@whale_alert) 2024 年 4 月 3 日

Meanwhile, these transactions stirred a whirlpool of inferences orbiting a “buying-the-dip” sentiment prevailing among whales. This, in turn, sparked investor enthusiasm over a bolstered price trajectory for DOGE ahead.

与此同时，这些交易激起了围绕鲸鱼中普遍存在的“逢低买入”情绪的推论漩涡。这反过来又激发了投资者对 DOGE 未来价格走势的热情。

Contrastingly, market dynamics and on-chain data for the token conjured a perplexing backdrop surrounding Dogecoin’s price action ahead.

相比之下，该代币的市场动态和链上数据让人联想到围绕狗狗币未来价格走势的令人困惑的背景。

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Dogecoin Plunges

As of writing, the Dogecoin token’s price noted a fall of 2.76% in the past 24 hours. The token currently rests at $ 0.181, with its price dropping below this level quite a few times today.

狗狗币暴跌 截至撰写本文时，狗狗币代币的价格在过去 24 小时内下跌了 2.76%。该代币目前价格为 0.181 美元，今天其价格已多次跌破该水平。

Analysis by CoinGape media earlier spotlighted an 8% bearish turn for DOGE remained poised, coinciding with the token’s continued plunge witnessed in the market today. Moreover, derivatives data unveiled by Coinglass revealed a 5.45% decrease in the token’s open interest, followed by a 27.71% dip in volume. This further underscored a strong downtrend for the dog-based meme token, mirroring the fall in DOGE price.

CoinGape 媒体早些时候的分析指出，DOGE 仍保持 8% 的看跌趋势，与今天市场上该代币的持续暴跌相吻合。此外，Coinglass 公布的衍生品数据显示，该代币的未平仓合约减少了 5.45%，成交量也下降了 27.71%。这进一步凸显了基于狗的 meme 代币的强劲下跌趋势，反映了 DOGE 价格的下跌。

However, technical indicators showcased a buying sentiment in the market, with the RSI hovering at 51. This undermined DOGE’s bearish movement today, signaling a neutral sentiment for DOGE and some buying pressure in the market. Should this buying pressure increase, DOGE’s fall could be further cushioned, while the massive whale accumulations further align with this and spark speculations over a bolstered price action ahead.

然而，技术指标显示市场买入情绪高涨，RSI 徘徊在 51 水平。这削弱了 DOGE 今天的看跌走势，表明 DOGE 情绪中性，市场存在一定买盘压力。如果这种购买压力增加，DOGE 的下跌可能会得到进一步缓冲，而鲸鱼的大量积累进一步与此相一致，并引发对未来价格走势增强的猜测。

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