You can also read this news on COINTURK NEWS: Dogecoin Price Challenges Market Trend with Weak Movement
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Following the recent broader cryptocurrency market recovery, Dogecoin (DOGE) price today, April 9, exhibited a weakening price movement, which could challenge the broader market trend. A combination of factors within the cryptocurrency could potentially pull DOGE‘s price into a downtrend.
继近期更广泛的加密货币市场复苏之后,狗狗币 (DOGE) 价格于今天(4 月 9 日)表现出疲软的价格走势,这可能会挑战更广泛的市场趋势。加密货币中的多种因素可能会将 DOGE 的价格拉入下跌趋势。
Whale Activity in DOGE
DOGE 的鲸鱼活动
According to data from 21milyon.com, the weakening price trajectory of Dogecoin, falling below $0.2 as of the writing of this article, brings with it numerous downtrend factors, including massive whale dumps and a loss of investor interest indicated by on-chain data.
根据 21milyon.com 的数据,狗狗币的价格走势疲软,在撰写本文时跌破 0.2 美元,带来了许多下行趋势因素,包括大规模鲸鱼抛售和链上数据表明的投资者兴趣丧失。
On-chain data prepared by Coinglass shows that DOGE’s derivatives volume has reached $3.97 billion, a notable decrease of 5.04%. Open positions have also decreased by 1.44%, reaching $1.66 billion.
Coinglass 的链上数据显示,DOGE 衍生品交易量已达 39.7 亿美元,大幅下降 5.04%。未平仓头寸也减少了 1.44%,达到 16.6 亿美元。
Current Data on DOGE
DOGE 的当前数据
This situation could indicate a significant decline in market activity for DOGE, and when combined with the OI weighted funding rate remaining at 0.0347%, the data points to a significant decrease in investor interest in the token. Moreover, as the price continues to fall, this data could underline the overall downtrend in the market.
这种情况可能表明 DOGE 的市场活动显着下降,再加上 OI 加权融资利率保持在 0.0347%,数据表明投资者对该代币的兴趣显着下降。此外,随着价格持续下跌,该数据可能突显市场整体下跌趋势。
In the last 24 hours, 58,052 traders were liquidated, with total liquidations valued at $195.92 million. Dogecoin liquidations reached a total of $5.36 million, with long positions at $3.01 million and short positions at $2.34 million. This could emphasize the prevailing downtrend in line with DOGE’s decline among cryptocurrency market analysts and investors. Additionally, according to data from Whale Alert, today a surprising 245 million DOGE were transferred to the American exchange Robinhood by an unknown address. This further intensified the downtrend for DOGE, indicating the whale’s loss of confidence in the token and revealing increases in token supply on exchanges. Although the Blockchain tracker also highlighted DOGE accumulations, it seems that massive accumulations indicating a downtrend have influenced the DOGE wave in the market.
过去24小时内,有58,052名交易者被强平,总强平价值为1.9592亿美元。狗狗币清算总额达到 536 万美元,其中多头头寸为 301 万美元,空头头寸为 234 万美元。这可能会强调加密货币市场分析师和投资者普遍的下跌趋势,与 DOGE 的下跌一致。此外,根据 Whale Alert 的数据,今天惊人的 2.45 亿枚 DOGE 通过未知地址转移到美国交易所 Robinhood。这进一步加剧了 DOGE 的下跌趋势,表明鲸鱼对该代币失去了信心,并揭示了交易所代币供应的增加。尽管区块链追踪器也强调了 DOGE 的积累,但表明下降趋势的大量积累似乎影响了市场上的 DOGE 浪潮。
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该帖子首次出现在 COINTURK 新闻上:狗狗币价格走势疲软挑战市场趋势