Dogecoin Whales Accumulate 200M DOGE as Token Tests $0.081 Support

DOGE-1.93%
According to analyst Ali Martinez, on June 9, Dogecoin traded near $0.086 after large holders accumulated over 200 million DOGE in the prior week, testing a $0.081 support level. On-chain data shows more than 30 billion DOGE last changed hands near that price, creating a significant cluster of historical spot exposure. CoinGlass data indicated Dogecoin futures volume fell 16.53% to roughly $1.35 billion, while open interest declined 0.83% to approximately $1.03 billion, suggesting leveraged traders reduced risk despite the whale accumulation.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments