Dogecoin is trading in the green today, which is a reflection of what on-chain data suggests maybe whales looking to propel the crypto to a rally. Recent on-chain data shows that institutional money might be returning to the meme token, as evident by the number of Dogecoin wallets holding large amounts of DOGE tokens. 

狗狗币今天的交易价格呈绿色，这反映了链上数据表明鲸鱼可能希望推动加密货币上涨。最近的链上数据显示，机构资金可能会回归 meme 代币，这一点从持有大量 DOGE 代币的狗狗币钱包数量就可以看出。

Institutional Interest In Dogecoin

机构对狗狗币的兴趣

Data from the crypto analytics platform IntoTheBlock has reiterated the current bullish sentiment among Dogecoin whales. According to its large transaction metric, the number of DOGE transactions worth $100,000 or more has been on a run since the middle of last month and resumed a spike in the past week. 

来自加密货币分析平台 IntoTheBlock 的数据重申了狗狗币鲸鱼当前的看涨情绪。根据其大交易指标，价值10万美元或以上的DOGE交易数量自上个月中旬以来一直在持续增长，并在过去一周恢复了峰值。

IntoTheBlock puts the number of transactions worth $100,000 at 1,300 in the past 24 hours and a 7-day high of 1,770. This notable increase indicates a growing interest in DOGE from institutional players and large-scale investors, which brings more stability and less volatility.

IntoTheBlock 统计，过去 24 小时内价值 10 万美元的交易数量为 1,300 笔，创 7 天高位 1,770 笔。这一显着增长表明机构参与者和大型投资者对 DOGE 的兴趣日益浓厚，这带来了更高的稳定性和更少的波动性。

This large transaction volume has been going on for a while, as an earlier report noted large holders added more than $2 billion into DOGE throughout October and the first week of November. 

这种巨大的交易量已经持续了一段时间，正如早些时候的一份报告指出的那样，大型持有者在 10 月份和 11 月份的第一周向 DOGE 增持了超过 20 亿美元。

Crypto Analyst Ali Martinez also shared a similar sentiment for the translation of the metric’s data on social media. According to him, the number of huge DOGE transactions has consistently set new highs this month, which might suggest an increased interest in DOGE from institutional players. 

加密货币分析师阿里·马丁内斯（Ali Martinez）对于社交媒体上指标数据的翻译也表达了类似的看法。他表示，本月 DOGE 的巨额交易数量持续创下新高，这可能表明机构投资者对 DOGE 的兴趣有所增加。

#Dogecoin | There’s a notable surge in $DOGE transactions exceeding $100,000 in the past month, consistently hitting new highs.

#狗狗币 |过去一个月，DOGE 美元交易量显着激增，超过 100,000 美元，不断创出新高。

This uptick suggests increased interest in #DOGE from institutional players and whales, potentially gearing up for a significant price spike. pic.twitter.com/UpxVkfu9hW

这种上升表明机构参与者和鲸鱼对#DOGE的兴趣增加，可能会为价格大幅上涨做好准备。 pic.twitter.com/UpxVkfu9hW

— Ali (@ali_charts) November 23, 2023

— 阿里 (@ali_charts) 2023 年 11 月 23 日

Is A Spike Imminent? DOGE To $0.2?

峰值即将到来吗？ DOGE 至 0.2 美元？

Large transactions are something to keep an eye on, as they might indicate a significant price spike if they are buy-ins. Similarly, on-chain analytics platform Santiment recently shared an insight into what might be another catalyst for the price of DOGE.

大型交易值得关注，因为如果买入，它们可能表明价格大幅上涨。同样，链上分析平台 Santiment 最近分享了对 DOGE 价格的另一个催化剂的见解。

Santiment reported that the number of Dogecoin wallets holding over 1 million DOGE has spiked, as 121 new wallets were created in the past month. At the same time, the crypto recently had the largest spike in dormant DOGE activity in June, as massive amounts of older DOGE moved out of stagnant wallets. While this may be a sign of a selloff, Santiment pointed out that this move often signaled a positive momentum.

Santiment 报告称，持有超过 100 万 DOGE 的狗狗币钱包数量激增，过去一个月创建了 121 个新钱包。与此同时，随着大量旧 DOGE 从停滞的钱包中移出，该加密货币最近在 6 月份出现了休眠 DOGE 活动的最大峰值。桑蒂门特指出，虽然这可能是抛售的迹象，但这一举动往往预示着积极的势头。

#Altcoins are back in the green today, and data indicates there has been a massive amount of older $DOGE moving out of stagnant wallets today. Keep an eye on this, as well as the fact that 121 new 1M+ #Dogecoin wallets have popped up in the past month. https://t.co/OjXvbTEEf9 pic.twitter.com/zHMyiqBI7c

#Altcoins 今天又回到了绿色状态，数据表明今天有大量旧的 $DOGE 从停滞的钱包中移出。请密切关注这一点，以及过去一个月里出现了 121 个新的 100 万+ #Dogecoin 钱包的事实。 https://t.co/OjXvbTEEf9 pic.twitter.com/zHMyiqBI7c

— Santiment (@santimentfeed) November 22, 2023

- Santiment (@santimentfeed) 2023 年 11 月 22 日

Despite all the whale buy-ins and large transactions since October, DOGE has struggled to post high gains compared to other altcoins. The crypto is down by 7.8% in the past week, although a 2.17% increase in the past 24 hours shows momentum might be building. A price surge to $0.2 is still in the books for DOGE, and all it needs is a major catalyst. The first hurdle to break would be a strong footing above $0.08. 

尽管自 10 月份以来出现了大量鲸鱼买入和大量交易，但与其他山寨币相比，DOGE 仍难以实现高收益。该加密货币在过去一周下跌了 7.8%，尽管过去 24 小时内上涨了 2.17%，表明势头可能正在增强。 DOGE 的价格仍有望飙升至 0.2 美元，它所需要的只是一个主要的催化剂。第一个要突破的障碍是站稳 0.08 美元上方。

DOGE is trading at $0.0776 at the time of writing. IntoTheBlock puts the number of addresses still waiting for a profit at 557,560. On the other hand, a drop below $0.6 could cast doubt on the weak optimistic outlook.

截至撰写本文时，DOGE 的交易价格为 0.0776 美元。 IntoTheBlock 统计，仍在等待盈利的地址数量为 557,560 个。另一方面，跌破 0.6 美元可能会让人对疲软的乐观前景产生怀疑。

According to crypto analyst Alan Santana, this is poised to change soon, as Dogecoin could break out in the next six months.

加密货币分析师艾伦·桑塔纳 (Alan Santana) 表示，这种情况很快就会改变，因为狗狗币可能会在未来六个月内爆发。