Dogecoin (DOGE) Price: Trading Volume Skyrockets 60% as Whales Dump 500 Million Coins

DOGE volume surges while major holders make massive exits

Trading Frenzy Meets Whale Exodus

Dogecoin's market just witnessed a classic crypto contradiction - trading volume exploding by 60% while whale wallets unloaded a staggering 500 million coins. The simultaneous surge in retail interest and institutional selling creates the kind of volatility that makes day traders rich and long-term holders nervous.

Market Mechanics in Motion

This volume spike represents either massive accumulation or distribution - the 500 million coin sell-off suggests the latter. When whales move this much supply, they're not testing waters - they're making statements. The increased liquidity from heightened trading activity gives major players perfect cover for substantial position adjustments.

Retail Hype vs Smart Money

While retail traders chase the 60% volume surge, sophisticated investors watch the whale movements. In crypto, following the smart money often beats following the crowd - even when that crowd generates impressive volume metrics. The old Wall Street adage applies perfectly here: volume confirms price action, but it doesn't guarantee direction.

Another day in crypto where the 'democratization of finance' looks suspiciously like the old financial system - just with more memes and less paperwork.

TLDR

• Dogecoin trading volume jumped 60% to over $2 billion in 24 hours on Tuesday while price stayed near $0.21
• Large holders sold more than 500 million DOGE coins in one week according to on-chain data from Santiment
• One dormant whale moved 36 million DOGE worth $26.8 million to Binance while another moved 15 million DOGE out
• Wallets holding between 10 million and 100 million DOGE reduced their positions through late October
• DOGE is down 12% this month and trading around $0.206 as traders watch for signs of stability

Dogecoin saw a sharp jump in trading activity on Tuesday. Volume over the last 24 hours ROSE by 60%, pushing total traded value above $2 billion.

The token traded NEAR $0.21 at the time of the report. Prices dropped about 0.18% in the day and fell 12% so far this month.

The sudden spike in volume shows many more hands moving Doge than usual. This wave of trades coincides with renewed interest among retail buyers and larger holders.

On-chain data revealed a different story happening at the same time. Large holders sold more than 500 million Dogecoins during the past week.

Analyst Ali Martinez shared data from Santiment on October 27. Wallets holding between 10 million and 100 million DOGE coins sharply reduced their holdings.

500 million Dogecoin $DOGE sold by whales over the past week! pic.twitter.com/hza0gBTZrd

— Ali (@ali_charts) October 27, 2025

The Santiment chart shows a steady decline in DOGE whale balances through late October. Price movements stayed around $0.206 during this period.

Large Transfers Draw Attention

Several large transfers tied to the surge drew market attention. One dormant whale with a 36 million DOGE holding reactivated and made a transfer valued at $26.8 million to Binance.

Another dormant wallet moved 15.115 million DOGE, valued at about $2.95 million, out of the same exchange. Big transfers can change where liquidity sits and how quickly prices move.

This pace of reduction surpasses average weekly movements seen earlier in 2025. The sell-off follows several volatile weeks where dogecoin fluctuated between $0.19 and $0.26.

Large holders often play a key role in identifying early market trends. Their recent sell pressure suggests they might be securing profits before further price declines.

Market Conditions and Trading Patterns

The volume surge came as major cryptocurrencies showed strength. Bitcoin moved higher toward $115,000 while ethereum traded near $4,200.

That broader rally can lift smaller tokens as traders rotate capital across markets. Still, metrics show mixed signals for Dogecoin.

One recent forecast predicted DOGE could rise by 13% to $0.22 by November 27, 2025. Technical indicators flagged the current sentiment as bearish and the Fear & Greed Index sat at 50.

October has historically been a strong month for Dogecoin. The token posted modest gains of 30% to a more impressive 101% from 2021 up to 2024.

Market participants are now watching whether retail investors will absorb the selling volume. Prices could fall below key support levels if demand does not match supply.

The key question emerging among traders is whether Dogecoin can stabilize after this wave of whale exits. Market sentiment remains cautious as investors assess liquidity support at lower levels.

Traders watching technical patterns will likely wait for a clear break up or down before making bigger bets. DOGE currently trades near $0.206 as the market digests recent whale movements.