Dogecoin (DOGE) Whales Are Loading Up, IntoTheBlock\'s Data Shows
There was a whole lot of on-chain exercise with Dogecoin (DOGE) over the previous day, which can recommend that market members are bullish
Dogecoin (DOGE) noticed vital on-chain exercise over the past 24 hours, indicating bullish sentiment among market participants towards the meme cryptocurrency.
IntoTheBlock‘s whale netflow metric for Dogecoin shows a massive influx of DOGE into the addresses of major holders. The netflow has surged from negative territory to 364.38 million DOGE over the desired period.
The net influx showcases how much funds whales and traders with more than 0.1% of DOGE’s circulating supply are deploying in the market. The current state of affairs suggests that large traders are allegedly buying a significant amount of Dogecoin, which could be bullish for the price.
Moreover, market bottoms are typically accompanied by bursts of net flow, indicating increased buying during price dips.
Confirming the trend further, 417.68 million DOGE were added to the wallets of major Dogecoin holders. During the same period, the outflows from these large holders’ wallets decreased—dropping from 85.5 million to 53.3 million DOGE.
DOGE to the moon?
The飆升 in these network metrics suggests that more influential players are engaging in the DOGE market. Specifically, this indicates that large traders are bullish on the meme cryptocurrency. The increasing accumulation by these key traders could be hinting at strong future performance, which adds to the bullish sentiment in the Dogecoin market.
Overall, Dogecoin’s recent activity reflects strong bullish sentiment driven by significant whale accumulation. The notable increase in net inflows and the concurrent decrease in outflows highlight the positive outlook of major market participants, suggesting potential growth for DOGE in the near future.
The above is the detailed content of Dogecoin (DOGE) Whales Are Loading Up, IntoTheBlock\'s Data Shows. For more information, please follow other related articles on the PHP Chinese website!

Hot AI Tools

Undresser.AI Undress
AI-powered app for creating realistic nude photos

AI Clothes Remover
Online AI tool for removing clothes from photos.

Undress AI Tool
Undress images for free

Clothoff.io
AI clothes remover

Video Face Swap
Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Article

Hot Tools

Notepad++7.3.1
Easy-to-use and free code editor

SublimeText3 Chinese version
Chinese version, very easy to use

Zend Studio 13.0.1
Powerful PHP integrated development environment

Dreamweaver CS6
Visual web development tools

SublimeText3 Mac version
God-level code editing software (SublimeText3)

Hot Topics

Pi Network recently held PiFest 2025, an event aimed at increasing the token's adoption. Over 125,000 sellers and 58,000 merchants participated

1. Enter the web version of okx Euyi Exchange ☜☜☜☜☜☜ Click to save 2. Click the link of okx Euyi Exchange app ☜☜☜☜ Click to save 3. After entering the official website, the clear interface provides a login and registration portal. Users can choose to log in to an existing account or register a new account according to their own situation. Whether it is viewing real-time market conditions, conducting transactions, or managing assets, the OKX web version provides a simple and smooth operating experience, suitable for beginners and veterans. Visit OKX official website now for easy experience

The crypto market continues to face turbulence, with Cardano (ADA) dropping 12% to $0.64, prompting concern across the altcoin sector.

Ouyi usually refers to Ouyi OKX. The global way to download Ouyi OKX APP is as follows: 1. Android device: Download the APK file through the official website and install it. 2. iOS device: access the official website through the browser and directly download the APP.

OKX is a global digital asset trading platform. Its main functions include: 1. Buying and selling digital assets (spot trading), 2. Trading between digital assets, 3. Providing market conditions and data, 4. Providing diversified trading products (such as derivatives), 5. Providing asset value-added services, 6. Convenient asset management.

Ethereum (ETH) price edges toward resistance, Tether news reveals a €10M media deal, and BlockDAG reaches new milestones with Beta Testnet and growing adoption.

With crypto gaining traction again, three names are catching serious attention—Kaspa (KAS), Dogecoin (DOGE), and BlockDAG (BDAG)

This article provides a detailed Gate.io registration tutorial, covering every step from accessing the official website to completing registration, including filling in registration information, verifying, reading user agreements, etc. The article also emphasizes security measures after successful registration, such as setting up secondary verification and completing real-name authentication, and gives tips from beginners to help users safely start their digital asset trading journey.