#BinanceExplorers #DOGE

Dogecoin Price Analysis: Whales Offload 170M DOGE Amid $7M Losses

Dogecoin price is dropping as whales offload 170M DOGE within 24 hours and long traders record $7M in losses.

Dogecoin (DOGE) holders are facing significant losses after a 9.5% intraday loss to trade at $0.215 at press time.

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DOGE

0.22231

+2.98%

Dogecoin price is plunging as whales exit their positions, and long traders unwind their positions, causing additional sell-side pressure. The technical outlook suggests that the meme coin may continue with the downtrend.

Dogecoin Price Dips as Whales Dump 170M DOGE