Dogecoin (DOGE) Experiences Price Drop Amidst Whale Accumulation

Dogecoin（Doge）体验在鲸鱼积累中的价格下降

Despite a recent bearish trend, Dogecoin, the leading meme coin, has attracted considerable attention from cryptocurrency enthusiasts. A notable price decline has spurred significant activity, particularly among large investors.

尽管最近出现看跌趋势，但领先的模因硬币Dogecoin吸引了加密货币爱好者的大量关注。 尤其是在大型投资者中，价格下降的价格下降引发了重大活动。

Whale Purchases Fuel Interest

鲸鱼购买燃料利息

On February 28, 2025, a prominent crypto expert reported on X (formerly Twitter) that whales purchased 530 million DOGE over the preceding three days, capitalizing on the price dip. This accumulation occurred after DOGE breached a key support level of $0.238, resulting in an overall price drop exceeding 17%.

2025年2月28日，一位著名的加密货币专家在X（以前是Twitter）上报道说，鲸鱼在前三天购买了5.3亿多名，利用了价格下跌。 这种累积发生在Doge违反了0.238美元的关键支持水平，导致总价格下跌超过17％。

Dogecoin Price Analysis and Future Outlook

Dogecoin价格分析和未来前景

Technical analysis suggests a bearish outlook for DOGE, although the price has consolidated near the crucial support level of $0.175 for the past two trading days. Based on current price action and historical trends, a further 15% price decrease remains a possibility.

技术分析表明，在过去两个交易日的至关重要的支持水平接近0.175美元的关键支持水平上，尽管价格已巩固。 根据当前的价格行动和历史趋势，价格下降15％仍然是一种可能性。

Currently, DOGE trades below its 200-day Exponential Moving Average (EMA), reinforcing the downtrend.

目前，Doge的交易低于其200天的指数移动平均线（EMA），从而增强了下降趋势。

Trading Volume and Open Interest Decline

交易量和开放利息下降

DOGE is currently priced near $0.206, showing a modest 1.75% increase in the last 24 hours. However, trading volume has decreased by 30% during the same period, suggesting reduced investor participation, likely due to recent price volatility.

Doge目前的价格接近0.206美元，在过去24小时内增加了1.75％。但是，同一时期的交易量减少了30％，这表明投资者的参与可能是由于最近的价格波动所致。

Data from Coinglass indicates a decline in open interest (OI) for DOGE futures contracts, signifying reduced engagement from intraday and derivative traders. This represents the lowest OI level in 2025.

来自Coinglass的数据表明，Doge Futures合同的开放兴趣（OI）下降，这表明在日内和衍生品交易员的参与度下降。这代表了2025年的最低OI水平。

Since the presidential inauguration, DOGE's OI has plummeted from $5.25 billion to $1.79 billion, highlighting waning trader interest, possibly attributed to market uncertainty and decreased momentum.

自总统就职典礼以来，Doge's Oi已从52.5亿美元下降到17.9亿美元，强调了交易者的利息，可能归因于市场不确定性和势头下降。