Data on the series Red flags raised Through the dogecoin system, some whale governor got rid of its holdings at a rate that vows at risk. According to Santiment Data, which was noticed by the encryption analyst Ali Martinez, owners ranged between 10 million and 100 million dusks emptying more than 570 million coins last week alone, a sign that could predict the fluctuation of prices and pressure on the negative side next week.
Dukwin whales quietly emptying and fighting the price at $ 0.155
the The graph that Martinez shared on The social media platform X offers a constant and continuous decrease in whale holdings from April 10 to 17, 2025. This group of portfolios, which includes between 10 million and 100 million symbols each, plays an important role in price procedures because of its ability to transport the huge folders.
Given the current price range of Dogecoin, the smallest carrier in the regiment will contain about 10 million icons, which is currently about $ 1.58 million.
Over the past week, their joint property decreased from more than 24.3 billion of distinctive symbols to less than 23.8 billion symbols, opposite to a sharp reduction in the price of DOGECOIN from about $ 0.165 to $ 0.155. This type of movement indicates that Dogecoin holders have probably transferred their symbol from self -storage to encryption exchange.
The effect of the price can extend if the market’s morale is weak
The whale distribution can precede strong market corrections, especially when trading volumes are not high enough to absorb the sudden flow of supply. The timing of this whale activity is also important, given the fact that Dogecoin has been combined near the main support zone at $ 0.155 after a failed attempt to maintain an outbreak of more than $ 0.17 earlier in the week.
The latest data indicates this Instead of accumulating At these lower levels, some whale headlines come out of their locations, indicating that it indicates Confidence may fade in the apostasy.
If this pattern continues to decline in the whale in the coming days, Dogecoin may be in a deeper correction, as the price is likely to re -visit the critical support areas at $ 0.144 or perhaps up to $ 0.138 next week. This test for low support ranges will be very important, as the accumulation of whales will be necessary here In order to get a recovery. If a recovery occurs in this range, Short -term upscale goals The view in this case will be $ 0.1607 and also at $ 0.1670.
Interestingly, the challenge is not only limited to Dogecoin, as happened in the broader encryption market It witnessed sales operations From some whales last week.
At the time of writing this report, Dogecoin was trading at $ 0.1584. The last trading hours were distinguished by a brief payment over the support area of $ 0.155.
Distinctive photo of Pexels, tradingView graph
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