#توجه_السوق_اليوم

Worrying developments have been observed behind the scenes regarding the popular meme coin Dogecoin (DOGE). According to IntoTheBlock metrics that track inflows and outflows from wallets belonging to large investors, i.e. those who own at least 0.1% of the circulating supply of Dogecoin, these wallets have seen a significant drop in their activity on the network since the beginning of September.

Specifically, inflows have dropped from 229.49 million to 27.96 million Dogecoin per day, representing a decrease of 87.81%. As for outflows, they have fallen to 17.42 million Dogecoin from 181.29 million tokens, or 80.7%.

As a result, Dogecoin net inflows to whale wallets amounted to 10.54 million Dogecoin, which is four times less than the previous day. #solana

Interestingly, whale activity on Dogecoin has been on the decline since the start of September. As many may know, September is often a tough month for cryptocurrencies due to a combination of seasonal and market factors.

September typically sees weaker performance across financial assets as investors return from summer vacations and reassess their portfolios, often leading to profit-taking and increased selling pressure.

However, September has historically been a positive month for Dogecoin, with the coin averaging 11.3%. #BinanceBlockchainWeek