In a thrilling plot twist witnessed recently, a Dogecoin whale’s massive selloff appears to be garnering significant attention among crypto market traders and investors globally as DOGE recently dropped to the $0.15 mark, following a notable upward momentum showcased in the past few days. Aligning with a substantial crypto market crash witnessed yesterday, resulting from colossal selloffs, this DOGE offloading chronicle birthed bearish sentiments on one of the most prominent meme coins globally.

最近出现了令人兴奋的情节转折，狗狗币鲸鱼的大规模抛售似乎引起了全球加密货币市场交易者和投资者的极大关注，继过去几天表现出显着的上涨势头后，狗狗币最近跌至 0.15 美元大关。与昨天目睹的大规模抛售导致的加密货币市场大幅崩盘相一致，这部 DOGE 抛售记录引发了对全球最著名的模因币之一的看跌情绪。

Dogecoin Whale’s Offloading Mirrors Bearishness

According to the insights unveiled by the blockchain tracker Whale Alert, a whopping 118.40 million DOGE, worth $19.75 million, was noted to be shifted to Robinhood by an unknown wallet address today, March 16. This selloff birthed a tidal wave of bearishness on Dogecoin, aligning with its recent fall, as the transaction also showcased the whale’s loss of confidence in the abovementioned asset.

狗狗币鲸鱼的卸载反映了熊市情绪 根据区块链跟踪器 Whale Alert 公布的见解，今天（3 月 16 日），价值 1,975 万美元的 1.184 亿个 DOGE 被一个未知的钱包地址转移到 Robinhood。人们对狗狗币的看跌情绪与最近的下跌一致，因为该交易也表明了鲸鱼对上述资产失去了信心。

Meanwhile, with speculations of a potential meme coin rally end hovering over the crypto horizon, as the majority of meme tokens noted a dip in recent days, this selloff added up to the tidal wave of bearish thoughts on the Elon Musk-supported meme coin.

与此同时，随着大多数 meme 代币最近几天出现下跌，人们对潜在 meme 币反弹结束的猜测在加密货币领域徘徊，这种抛售加剧了对埃隆·马斯克 (Elon Musk) 支持的 meme 币的看跌浪潮。

While, in the interim, market dynamics for DOGE further fueled speculations over a continued slump ahead.

与此同时，DOGE 的市场动态进一步加剧了对未来持续低迷的猜测。

Also Read: Bitcoin SOPR Data Shows Major BTC Price Consolidation for March

另请阅读：比特币 SOPR 数据显示 3 月份 BTC 价格主要盘整

Dogecoin Slips

As of writing, Dogecoin’s price noted a substantial drop of 4.17% over the past 24 hours and is currently resting at $0.1604. The meme token even slipped as low as $0.15 today, alarmingly piquing worldwide attention. With the whale’s selloff further weighing in, a bearish sentiment for the token prevails within the broader crypto market.

狗狗币下跌 截至撰写本文时，狗狗币的价格在过去 24 小时内大幅下跌 4.17%，目前稳定在 0.1604 美元。今天，Meme 代币甚至跌至 0.15 美元，引起了全世界的关注。随着鲸鱼的抛售进一步加剧，更广泛的加密市场普遍存在对该代币的看跌情绪。

Derivatives data highlighted by Coinglass additionally showcased bears taking control, as the open interest and volume dropped 6.32% and 48.57% simultaneously. This hinted at decreased market participation among investors, accompanied by a potential lack of confidence in DOGE’s short-term prospects, adding up to negative sentiments in the market.

Coinglass 强调的衍生品数据还显示空头占据主导地位，未平仓合约和交易量同时下降 6.32% 和 48.57%。这暗示投资者的市场参与度下降，同时对 DOGE 的短期前景可能缺乏信心，从而加剧了市场的负面情绪。

Meanwhile, the RSI hovering somewhere around 58 signaled that the asset may not be overbought or oversold. This, coupled with derivatives data and a price fall, pointed to a cautious outlook for the asset in the near term, with bears currently dominant.

与此同时，RSI 徘徊在 58 左右，表明该资产可能不会超买或超卖。再加上衍生品数据和价格下跌，表明该资产近期前景谨慎，目前空头占主导地位。

Also Read: Solana Price Approach $200 Amid Historic Spike in New SPL Token Creation

另请阅读：Solana 价格在新 SPL 代币创建历史性飙升之际逼近 200 美元