🟢100 million DOGE (~$17.5M) scooped up by whales in the past week.
🔹#Spot traders outpaced whales, buying $46.6M worth of DOGE.
🔹Despite this, DOGE price is nearly unchanged (+0.17% in 24h).
Positive signs:
🔹Exchange Netflow is negative → DOGE is moving off exchanges.
🔹Open Interest Funding Rate jumped 10x → long positions dominate.
🔹Taker Buy/Sell Ratio >2.5 on Binance & OKX → strong buying pressure.
🔹But long traders lost $4.5M in 24h → market still facing bearish resistance.
🟢🔴The tug-of-war between bullish accumulation and bearish resistance is stalling DOGE’s rally—for now. Continued accumulation could fuel a breakout once selling pressure fades.
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