DOGE whales are bottom-fishing, retail investors are leaving! Dogecoin is caught in a tug-of-war between bulls and bears, with $0.20 becoming a key resistance!
Dogecoin has been weak since it dropped from $0.30 a month ago. Now, a month has passed, and the monthly line has fallen by 13.2%. As of the time of writing, the price is $0.2087, and it has risen by 6.35% in the last 24 hours. Although the market is sluggish, there are large funds quietly taking action with Dogecoin.
The 'whale' that hasn't moved for 11 months is back, and it withdrew $2.95 million worth of Dogecoin from B.
A data platform has observed that a Dogecoin 'whale' (an address holding a large amount of coins) that hasn't moved for 11 months has recently come to life. It withdrew 15,115,000 Dogecoins from B, which is roughly $2.95 million at the current price.