Whale activity in Dogecoin has significantly increased in the past 24 hours, with the volume of large transactions growing by 73.53% to a total of 14.75 billion DOGE. However, most of these transactions were aimed at selling rather than buying DOGE. The volume of inflows minus outflows from addresses representing at least 0.1% of the circulating supply of Dogecoin has decreased by 260.81 million coins. This decline is due to a substantial increase in DOGE outflows from whale wallets, which surged by 3,586% to 980.8 million DOGE. Inflows, on the other hand, increased by 1,721% to 735.35 million DOGE but were still lower than the outflows.



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