Dogecoin dropped 8% in 24h

Driven by liquidations, macro pressure, and technical weakness. But while retail panic fueled the drop, whales quietly accumulated 310M $DOGE , highlighting a sharp divergence in sentiment.

Key drivers on August 1:
• $635M in crypto liquidations swept the market
• DOGE took the biggest hit among top assets
• 52% of DOGE futures were short, intensifying sell pressure
• $BTC fell 2.5% on U.S. tariffs and Fed rate hold

Meanwhile:
• Retail volume surged 255% to 1.25B DOGE
• Institutions like Bit Origin bought 40M DOGE as part of a $500M diversification plan

Retail exits. Whales step in.
A shift worth watching.