Breaking news!

The Dogecoin market is making waves! The mysterious flow of 90 million DOGE and the bottom-fishing action of whales!

The cryptocurrency market is making waves again! Recently, 90 million DOGE tokens suddenly flowed on the Robinhood platform on a large scale. This phenomenon immediately caused a strong shock in the market, causing the price of Dogecoin to plunge by 3% in an instant.

However, just as the market was in panic, those investors known as "big whales" showed extraordinary determination and courage. In just 24 hours, they actually ate up to $112 million worth of Dogecoin at an astonishing speed! This counter-trend operation has attracted widespread attention and speculation.

The large-scale flow of 90 million DOGE on Robinhood has become the focus of the market. Many investors are worried about this and think that this may be a sign of major changes in the market. However, some analysts believe that this may be whales taking advantage of the panic in the market to "wash the market" in order to obtain greater profits.

Although the price of Dogecoin has fallen in the short term, the bottom-fishing actions of whales have brought a glimmer of hope to the market. Their massive purchases show their firm confidence in Dogecoin and also suggest that the market may reverse in the future. Trader Kaleo boldly predicted that Dogecoin will usher in a big rise after a period of consolidation.

Looking back, Dogecoin has achieved an 83% increase in 2024, but it is still a long way from its historical high. Although the current market is full of uncertainty, there are still many investors who firmly believe that Dogecoin will usher in a more glorious moment. This whale-swallowing transaction has undoubtedly added more variables and suspense to the market. Let us look forward to the future performance of Dogecoin together!

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