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DOGE Defies Gravity: Whales Dump $40M But Bullish Setup Holds Strong

DOGE Defies Gravity: Whales Dump $40M But Bullish Setup Holds Strong

Author:
CoindeskEN
Published:
2025-05-21 09:11:59
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DOGE Holds Bullish Structure as Whales Shed $40M Ahead of Possible Breakout

Dogecoin’s chart structure refuses to buckle—even as crypto’s elite cash out millions ahead of a potential breakout. The memecoin’s stubborn resilience is either a testament to retail devotion or proof that whales still can’t kill a joke that went nuclear.

Whale wallets bled $40M in DOGE this week, yet the token’s technicals scream ’up only.’ Classic crypto: the so-called ’smart money’ gets out just before the rocket fuel ignites. Meanwhile, Wall Street still can’t decide if this is an asset class or a mass hallucination.

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