{"id":672413,"date":"2025-01-08T21:00:36","date_gmt":"2025-01-08T21:00:36","guid":{"rendered":"https:\/\/uniquehot.com\/?p=672413"},"modified":"2025-01-08T11:06:27","modified_gmt":"2025-01-08T11:06:27","slug":"70-million-dogecoin-price","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/dogecoin\/70-million-dogecoin-price\/","title":{"rendered":"70 Million DOGE Make Their Way To Binance Amid 10% Dogecoin Price Crash"},"content":{"rendered":"

Whale Alert, a prominent crypto and blockchain tracking platform, has spotted a <\/span>massive DOGE deposit<\/span><\/a> amid the Dogecoin price crash. This enormous deposit, involving over 70 million DOGE tokens, was moved by an anonymous whale to Binance, the world\u2019s largest crypto exchange. Moreover, the lofty Dogecoin transaction comes on the heels of a recent10% <\/span>price crash<\/span><\/a> in the meme coin.\u00a0<\/span><\/p>\n

Whales Move Over 70 Million Dogecoin To Binance<\/h2>\n

The recent Dogecoin price crash may have <\/span>triggered fear<\/span><\/a> among investors, as <\/span>DOGE whales <\/span><\/a>are suddenly selling off their holdings. With analysts and traders <\/span>expressing<\/span><\/a> hopes of an imminent Dogecoin price breakout, many are <\/span>voicing<\/span><\/a> frustration and concern over the ongoing DOGE sell-offs, fearing further delays in the market\u2019s momentum.<\/span><\/p>\n

Related Reading: Dogecoin Price Faces \u2018Moment Of Truth\u2019 As It Battles The Macro 0.5 Fib Extension<\/a><\/div>\n

Notably, Whale Alert <\/span>spotted<\/span><\/a> a substantial Dogecoin transfer on January 7. The cryptocurrency tracker reported that approximately 70,081,124 DOGE tokens were moved by an anonymous whale to <\/span>Binance<\/span><\/a>. This massive deposit, worth over $27.6 million, has caught the attention of the crypto market, as most large-scale whale transactions often do.\u00a0<\/span><\/p>\n

Typically, when an asset is transferred from a wallet to a crypto exchange, it indicates the potential for a sell-off. This is because investors often move their holdings to crypto platforms like Binance when they plan to <\/span>liquidate their positions<\/span><\/a>.\u00a0<\/span><\/p>\n

The recent 70 million DOGE transfer is a large-scale market movement that could <\/span>lead to increased volatility<\/span><\/a>, potentially triggering more downturn for Dogecoin. At the time of writing, CoinMarketCap\u2019s data shows that the <\/span>Dogecoin price has declined<\/span><\/a> by more than 11.2% in the past 24 hours. Considering the meme coin\u2019s susceptibility to slight changes in market trends, additional sell-offs could exacerbate fears of further declines, potentially placing even more <\/span>downward pressure on Dogecoin<\/span><\/a>.\u00a0<\/span><\/p>\n

Notably, crypto analyst Ali Martinez has<\/span> reported<\/span><\/a> on X (formerly Twitter) that <\/span>Dogecoin\u2019s TD sequential<\/span><\/a> is presenting a sell signal on its daily chart. Given this development, Martinez states that a Dogecoin price correction should be expected, as widespread liquidations often lead to a downtrend.\u00a0\u00a0<\/span><\/p>\n

Analyst Cautions Against Selling DOGE<\/h2>\n

After breaking out of this <\/span>Ascending Triangle<\/span><\/a>, Dogecoin appears to have returned to the apex, testing it as a new support zone and aiming to bounce off this level to continue its upward trend. Crypto analyst Trader Tardigrade <\/span>shared<\/span><\/a> a chart on X, highlighting that the apex of the Ascending Triangle could serve as a launchpad for a Dogecoin price rally, with the <\/span>potential to reach a new ATH<\/span><\/a> of $0.95.<\/span><\/p>\n

Related Reading: Bitcoin At Risk Of Supply Shock As ETF Issues Buy More BTC Than Was Produced In December<\/a><\/div>\n
\"Dogecoin
Source: X<\/figcaption><\/figure>\n

\u00a0<\/span><\/p>\n

Consequently, Dogecoin investors are being urged to stay on course as the meme coin undergoes this critical phase in its price action. Trader Tardigrade has emphasized that now is not the time to sell off prematurely or short DOGE, as doing so could result in missing the projected price surge to a new ATH.<\/span><\/p>\n

\"Dogecoin
DOGE price holding above $0.34 | Source: DOGEUSDT on Tradingview.com<\/a><\/figcaption><\/figure>\n
Featured image created with Dall.E, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"

Whale Alert, a prominent crypto and blockchain tracking platform, has spotted a massive DOGE deposit amid the Dogecoin price crash. This enormous deposit, involving over 70 million DOGE tokens, was moved by an anonymous whale to Binance, the world\u2019s largest crypto exchange. Moreover, the lofty Dogecoin transaction comes on the heels of a recent10% price crash in the meme coin.\u00a0 Whales Move Over 70 Million Dogecoin To Binance The recent Dogecoin price crash may have triggered fear among investors, as DOGE whales are suddenly selling off their holdings. With analysts and traders expressing hopes of an imminent Dogecoin price breakout, many are voicing frustration and concern over the ongoing DOGE sell-offs, fearing further delays in the market\u2019s momentum. Related Reading: Dogecoin Price Faces \u2018Moment Of Truth\u2019 As It Battles The Macro 0.5 Fib Extension Notably, Whale Alert spotted a substantial Dogecoin transfer on January 7. The cryptocurrency tracker reported that approximately 70,081,124 DOGE tokens were moved by an anonymous whale to Binance. This massive deposit, worth over $27.6 million, has caught the attention of the crypto market, as most large-scale whale transactions often do.\u00a0 Typically, when an asset is transferred from a wallet to a crypto exchange, it indicates the potential for a sell-off. This is because investors often move their holdings to crypto platforms like Binance when they plan to liquidate their positions.\u00a0 The recent 70 million DOGE transfer is a large-scale market movement that could lead to increased volatility, potentially triggering more downturn for Dogecoin. At the time of writing, CoinMarketCap\u2019s data shows that the Dogecoin price has declined by more than 11.2% in the past 24 hours. Considering the meme coin\u2019s susceptibility to slight changes in market trends, additional sell-offs could exacerbate fears of further declines, potentially placing even more downward pressure on Dogecoin.\u00a0 Notably, crypto analyst Ali Martinez has reported on X (formerly Twitter) that Dogecoin\u2019s TD sequential is presenting a sell signal on its daily chart. Given this development, Martinez states that a Dogecoin price correction should be expected, as widespread liquidations often lead to a downtrend.\u00a0\u00a0 Analyst Cautions Against Selling DOGE After breaking out of this Ascending Triangle, Dogecoin appears to have returned to the apex, testing it as a new support zone and aiming to bounce off this level to continue its upward trend. Crypto analyst Trader Tardigrade shared a chart on X, highlighting that the apex of the Ascending Triangle could serve as a launchpad for a Dogecoin price rally, with the potential to reach a new ATH of $0.95. Related Reading: Bitcoin At Risk Of Supply Shock As ETF Issues Buy More BTC Than Was Produced In December \u00a0 Consequently, Dogecoin investors are being urged to stay on course as the meme coin undergoes this critical phase in its price action. Trader Tardigrade has emphasized that now is not the time to sell off prematurely or short DOGE, as doing so could result in missing the projected price surge to a new ATH. Featured image created with Dall.E, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":643664,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83685],"tags":[1785,89174,85675,7,1803,1804,79599,79600],"class_list":["post-672413","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dogecoin","tag-doge","tag-doge-news","tag-doge-price","tag-dogecoin","tag-dogecoin-news","tag-dogecoin-price","tag-dogeusd","tag-dogeusdt"],"acf":[],"yoast_head":"\n70 Million DOGE Make Their Way To Binance Amid 10% Dogecoin Price Crash<\/title>\n<meta name=\"description\" content=\"Whale Alert, a prominent crypto and blockchain tracking platform, has spotted a massive DOGE deposit amid the Dogecoin price crash.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/uniquehot.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"70 Million DOGE Make Their Way To Binance Amid 10% Dogecoin Price Crash","url":"http:\/\/uniquehot.com\/news\/dogecoin\/70-million-dogecoin-price\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/dogecoin\/70-million-dogecoin-price\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/09\/Dogecoin_ea5f54.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/09\/Dogecoin_ea5f54.jpeg?fit=1792%2C1024"},"articleSection":"Dogecoin","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["doge","doge news","doge price","dogecoin","dogecoin news","dogecoin price","dogeusd","dogeusdt"],"dateCreated":"2025-01-08T21:00:36Z","datePublished":"2025-01-08T21:00:36Z","dateModified":"2025-01-08T21:00:36Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"70 Million DOGE Make Their Way To Binance Amid 10% Dogecoin Price Crash\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/dogecoin\\\/70-million-dogecoin-price\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/dogecoin\\\/70-million-dogecoin-price\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/09\\\/Dogecoin_ea5f54.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/09\\\/Dogecoin_ea5f54.jpeg?fit=1792%2C1024\"},\"articleSection\":\"Dogecoin\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"doge\",\"doge news\",\"doge price\",\"dogecoin\",\"dogecoin news\",\"dogecoin price\",\"dogeusd\",\"dogeusdt\"],\"dateCreated\":\"2025-01-08T21:00:36Z\",\"datePublished\":\"2025-01-08T21:00:36Z\",\"dateModified\":\"2025-01-08T21:00:36Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/09\/Dogecoin_ea5f54.jpeg?fit=1792%2C1024","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/672413","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=672413"}],"version-history":[{"count":1,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/672413\/revisions"}],"predecessor-version":[{"id":672462,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/672413\/revisions\/672462"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/643664"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=672413"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=672413"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=672413"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}