Dogecoin Whales Accumulate Tokens, Bolstering Market Sentiment

狗狗币鲸鱼积累代币，提振市场情绪

Dogecoin whales have surged activity in the cryptocurrency market, accumulating vast quantities of tokens during the surge of the meme coin. On-chain data indicates the withdrawal of over 300 million DOGE from exchanges, bolstering traders' optimism about the coin's future price direction.

狗狗币鲸鱼在加密货币市场上的活动激增，在模因币飙升期间积累了大量代币。链上数据显示，超过 3 亿枚 DOGE 从交易所撤出，增强了交易者对该代币未来价格走向的乐观情绪。

Dogecoin Whale Transactions

狗狗币鲸鱼交易

On November 11th, Whale Alert reported withdrawals of 311 million DOGE from exchanges by Dogecoin whales within a single day. Of this amount, 200 million was removed from Binance (approximately $56.38 million), while 111 million DOGE was transferred from Robinhood's crypto trading platform (around $30 million).

11 月 11 日，Whale Alert 报告称，狗狗币鲸鱼在一天内从交易所提取了 3.11 亿个 DOGE。其中，2亿个DOGE从币安转移（约5638万美元），而1.11亿个DOGE则从Robinhood的加密交易平台转移（约3000万美元）。

Hours later, whales sent 98 million DOGE back to Binance and Robinhood. These transactions caused a temporary dip in Dogecoin's price but were met with overwhelming buyer support, leading to a recovery.

几个小时后，鲸鱼将 9800 万个 DOGE 发送回币安和 Robinhood。这些交易导致狗狗币的价格暂时下跌，但得到了压倒性的买家支持，从而导致了复苏。

DOGE Price Analysis

DOGE价格分析

Currently, DOGE is trading around $0.32 and has witnessed double-digit gains in the past 24 hours. Moreover, trading volume has escalated by 222% to $18.60 billion, indicating increased investor interest and a favorable market outlook for the meme coin. The weekly chart exhibits an 84% surge, further emphasizing the bullish trend.

目前，DOGE 的交易价格约为 0.32 美元，在过去 24 小时内出现了两位数的涨幅。此外，交易量增长了 222%，达到 186 亿美元，这表明投资者的兴趣增加，并且对 meme 代币的市场前景看好。周线图显示 84% 的飙升，进一步强调了看涨趋势。

Additionally, wallets holding 100 million to 1 billion DOGE have expanded their holdings, reflecting growing confidence in the token. The cup-and-handle pattern observed on the price chart suggests a potential 53% increase, aligning with the target of $0.4 for DOGE.

此外，持有 1 亿至 10 亿 DOGE 的钱包也扩大了持有量，反映出人们对该代币的信心不断增强。价格图表上观察到的杯柄模式表明潜在的 53% 上涨，与 DOGE 0.4 美元的目标一致。

Market Outlook

市场展望

With significant whale accumulation and heightened trading volume, Dogecoin has consolidated its market position. The optimistic sentiment surrounding the coin's future price direction is bolstered by these factors, leaving traders with positive expectations.

随着鲸鱼的大量积累和交易量的增加，狗狗币巩固了其市场地位。这些因素增强了围绕代币未来价格方向的乐观情绪，使交易者抱有积极的预期。