Whale Activity Boosts Dogecoin Holdings

鲸鱼活动增加了狗狗币的持有量

During recent market fluctuations, Dogecoin investors witnessed a price dip from $0.1686 to $0.1423 and seized the opportunity to accumulate DOGE. On May 6th, DOGE surpassed the $0.168 price barrier, pushing 5.21 million addresses into profitability. However, this trend soon reversed.

在最近的市场波动中，狗狗币投资者见证了价格从 0.1686 美元跌至 0.1423 美元，并抓住机会积累 DOGE。 5 月 6 日，DOGE 突破了 0.168 美元的价格障碍，推动 521 万个地址实现盈利。然而，这种趋势很快就发生了逆转。

On May 7th, a slight price correction occurred. According to on-chain data from Santiment, DOGE whales capitalized on this dip by purchasing 265.86 million DOGE tokens.

5月7日，价格出现小幅调整。根据 Santiment 的链上数据，DOGE 鲸鱼利用这次下跌，购买了 2.6586 亿个 DOGE 代币。

DOGE Accumulating Whales

DOGE 累积鲸鱼

Santiment's on-chain data indicates that addresses holding between 100 million and 1 billion DOGE increased their holdings by 1% on May 7th, capturing 21% of the total supply. Notably, these whales added 265.86 million DOGE to their stashes, valued at approximately $41.2 million. This surge was significant compared to the 342 million DOGE they had parted with the previous day.

Santiment 链上数据显示，持有 1 亿至 10 亿 DOGE 的地址在 5 月 7 日增持了 1%，占总供应量的 21%。值得注意的是，这些鲸鱼在他们的藏品中添加了 2.6586 亿枚 DOGE，价值约 4120 万美元。与前一天释放的 3.42 亿 DOGE 相比，这一激增是显着的。

Recent data from Whale Alerts, a whale tracking platform, reveals that 120 million DOGE tokens, worth $18 million, were purchased from the cryptocurrency exchange Robinhood and transferred to wallets within a few hours.

鲸鱼追踪平台 Whale Alerts 的最新数据显示，从加密货币交易所 Robinhood 购买了 1.2 亿枚 DOGE 代币，价值 1800 万美元，并在几个小时内转移到钱包中。

Significance of DOGE and Whale Movements

DOGE 和鲸鱼运动的意义

Whale activity and sentiment are crucial for any cryptocurrency, particularly for a meme token like Dogecoin, whose value is largely driven by hype and market sentiment rather than utility. These whales often move the market, and their accumulation or sale can influence the sentiment of other investors.

鲸鱼活动和情绪对于任何加密货币都至关重要，尤其是像狗狗币这样的模因代币，其价值很大程度上是由炒作和市场情绪而非实用性驱动的。这些鲸鱼经常影响市场，它们的积累或出售可以影响其他投资者的情绪。

At the time of writing, DOGE was trading at $0.1448. The price correction witnessed between May 6th and May 9th appears to be ongoing. However, the price remains above the $0.143 level it reached during that period.

截至撰写本文时，DOGE 的交易价格为 0.1448 美元。 5 月 6 日至 9 日期间的价格调整似乎仍在继续。然而，价格仍高于该时期达到的 0.143 美元水平。

Currently, DOGE has experienced a 4% decline in the past 24 hours and a 4% decrease over the past seven days. This suggests that the accumulation may have had a bullish impact on DOGE's price.

目前，DOGE在过去24小时内下跌了4%，在过去7天内下跌了4%。这表明积累可能对 DOGE 的价格产生了看涨影响。

If the price holds above $0.143 and bullish accumulation continues, Dogecoin's price could rise towards the $0.16 and $0.20 resistance levels. Conversely, a reversal could send DOGE down to the next support at $0.13.

如果价格保持在 0.143 美元之上并且看涨积累继续，狗狗币的价格可能会上涨至 0.16 美元和 0.20 美元的阻力位。相反，反转可能会使 DOGE 跌至下一个支撑位 0.13 美元。

The original article was first published on COINTURK NEWS: Whale Activity Boosts Dogecoin Holdings

原文首发于 COINTURK NEWS：鲸鱼活动提振狗狗币持有量