{"id":2285,"date":"2025-01-09T06:00:32","date_gmt":"2025-01-09T06:00:32","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/70-million-doge-make-their-way-to-binance-amid-10-dogecoin-price-crash\/"},"modified":"2025-01-09T06:00:32","modified_gmt":"2025-01-09T06:00:32","slug":"70-million-doge-make-their-way-to-binance-amid-10-dogecoin-price-crash","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/70-million-doge-make-their-way-to-binance-amid-10-dogecoin-price-crash\/","title":{"rendered":"70 Million DOGE Make Their Way To Binance Amid 10% Dogecoin Price Crash"},"content":{"rendered":"

Whale Alert, a prominent crypto and blockchain tracking platform, has spotted a massive DOGE deposit<\/a> amid the Dogecoin price crash. This enormous deposit, involving over 70 million DOGE tokens, was moved by an anonymous whale to Binance, the world\u2019s largest crypto exchange. Moreover, the lofty Dogecoin transaction comes on the heels of a recent10% price crash<\/a> in the meme coin.\u00a0<\/p>\n

Whales Move Over 70 Million Dogecoin To Binance<\/h2>\n

The recent Dogecoin price crash may have triggered fear<\/a> among investors, as DOGE whales <\/a>are suddenly selling off their holdings. With analysts and traders expressing<\/a> hopes of an imminent Dogecoin price breakout, many are voicing<\/a> frustration and concern over the ongoing DOGE sell-offs, fearing further delays in the market\u2019s momentum.<\/p>\n

Notably, Whale Alert spotted<\/a> a substantial Dogecoin transfer on January 7. The cryptocurrency tracker reported that approximately 70,081,124 DOGE tokens were moved by an anonymous whale to Binance<\/a>. This massive deposit, worth over $27.6 million, has caught the attention of the crypto market, as most large-scale whale transactions often do.\u00a0<\/p>\n

Typically, when an asset is transferred from a wallet to a crypto exchange, it indicates the potential for a sell-off. This is because investors often move their holdings to crypto platforms like Binance when they plan to liquidate their positions<\/a>.\u00a0<\/p>\n

The recent 70 million DOGE transfer is a large-scale market movement that could lead to increased volatility, potentially triggering more downturn for Dogecoin. At the time of writing, CoinMarketCap\u2019s data shows that the Dogecoin price has declined by more than 11.2% in the past 24 hours. Considering the meme coin\u2019s susceptibility to slight changes in market trends, additional sell-offs could exacerbate fears of further declines, potentially placing even more downward pressure on Dogecoin.\u00a0<\/p>\n

Notably, crypto analyst Ali Martinez hasDogecoin\u2019s TD sequential is presenting a sell signal on its daily chart. Given this development, Martinez states that a Dogecoin price correction should be expected, as widespread liquidations often lead to a downtrend.\u00a0\u00a0<\/p>\n

Analyst Cautions Against Selling DOGE<\/h2>\n

After breaking out of this Ascending Triangle, Dogecoin appears to have returned to the apex, testing it as a new support zone and aiming to bounce off this level to continue its upward trend. Crypto analyst Trader Tardigrade potential to reach a new ATH of $0.95.<\/p>\n

\"Dogecoin<\/p>\n

\u00a0<\/p>\n

Consequently, Dogecoin investors are being urged to stay on course as the meme coin undergoes this critical phase in its price action. Trader Tardigrade has emphasized that now is not the time to sell off prematurely or short DOGE, as doing so could result in missing the projected price surge to a new ATH.<\/p>\n

\"Dogecoin<\/p>\n","protected":false},"excerpt":{"rendered":"

Whale Alert, a prominent crypto and blockchain tracking platform, has spotted a massive DOGE deposit amid the Dogecoin price crash. This enormous deposit, involving over 70 million DOGE tokens, was moved by an anonymous whale to Binance, the world\u2019s largest crypto exchange. Moreover, the lofty Dogecoin transaction comes on the heels of a recent10% price…<\/p>\n","protected":false},"author":1,"featured_media":2286,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[63,374,64,65,216,375,146,66],"class_list":["post-2285","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dogecoin","tag-doge","tag-doge-news","tag-doge-price","tag-dogecoin","tag-dogecoin-news","tag-dogecoin-price","tag-dogeusd","tag-dogeusdt"],"_links":{"self":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/2285","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/comments?post=2285"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/2285\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/2286"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=2285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=2285"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=2285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}