Dogecoin whales de-risk as DOGE price is in danger of dropping 45%

DOGE whales are selling amid declining open interest and network activity, suggesting that Dogecoin’s price may continue to fall to as low as $0.12.

Key takeaways:

Dogecoin whales offload large volumes of DOGE, signaling risk aversion.

Declining open interest and daily active addresses signal less demand for DOGE.

Read more