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680 Million DOGE Dumped in Just 4 Days: Whale Movements Signal Major Shift

680 Million DOGE Dumped in Just 4 Days: Whale Movements Signal Major Shift

Published:
2025-09-17 10:15:49
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Whales are making waves—and not the kind that lift all boats. A staggering 680 million Dogecoin just hit the markets in under a week, sparking intense speculation about what the big players really know.

Reading the Crypto Tea Leaves

When whales move, retail traders scramble. This isn't just profit-taking—it's a statement. That much DOGE doesn't get offloaded without a reason, whether it's hedging, repositioning, or plain old fear.

Timing is Everything—Or Is It?

Four days. One meme coin. Hundreds of millions in volume. Classic crypto—where 'fundamentals' are just something you ignore between tweets.

What’s Next for DOGE?

Keep your eyes on the order books. If selling pressure continues, we might be looking at a classic whale-driven dip. But if buying support steps in? This could be yet another fake-out before the next rally.

Remember: in crypto, sometimes a sell-off is just a sell-off—other times, it’s the smart money exiting before the music stops. Stay sharp.

Large Holders Reduce Positions

In the last four days, wallets holding between 100 million and 1 billion Dogecoin have sold a combined 680 million DOGE. This shift was shared by analyst Ali Martinez, using Santiment data that tracked the movement of large holders. Wallets in this category saw their total balance fall from around 27.4 billion to 26.65 billion DOGE during this period.

Whales sold 680 million dogecoin $DOGE in the past 96 hours! pic.twitter.com/G0XnjO675k

— Ali (@ali_charts) September 16, 2025

Notably, this drop in holdings happened while DOGE’s price peaked around $0.3, followed by a pullback to $0.27. The timing points to large holders possibly locking in profits. While the exact motive remains unknown, large transactions like these often draw attention due to their size and potential to affect price direction.

Current Price Levels and RSI Position

As of press time, Dogecoin was trading close to $0.27. The 24-hour volume sits just above $3.84 billion. The token has seen a minor decline in the past day but is still up by over 10% across the past week.

Technical analyst Trader Tardigrade noted that DOGE’s RSI is now sitting at a key support level, similar to a zone that held in early September. At that time, the token began moving upward shortly after testing this area.

“If RSI support holds, downside momentum could be easing,” he said.

Another chart from CryptooELITES compares today’s market structure with earlier cycles in Dogecoin’s price. It shows two earlier setups where Doge formed a rounded base before making strong upward moves. The current structure looks similar and sits at the same stage as those past rallies began. The chart includes a projected path toward $5.

DOGE price chart

Source: CryptooELITES/X

Institutional Accumulation and Sentiment

MarketProphit data shows that both retail and internal sentiment metrics for Dogecoin are now reading bullish. This is happening alongside new buying activity from CleanCore Solutions, which added another 100 million DOGE to its reserves.

Meanwhile, the firm now holds over 600 million DOGE and is aiming for 1 billion in the short term. It has stated plans to reach a larger target of 5% of the token’s total supply. This level of accumulation by a single treasury has become a key point of interest among market watchers.

|Square

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