{"id":21225,"date":"2025-11-11T09:21:34","date_gmt":"2025-11-11T09:21:34","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=21225"},"modified":"2025-11-11T09:21:36","modified_gmt":"2025-11-11T09:21:36","slug":"dogecoin-whales-sell-over-3-billion-doge-whats-happening","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/dogecoin-whales-sell-over-3-billion-doge-whats-happening\/","title":{"rendered":"Dogecoin Whales Sell Over 3 Billion DOGE: What’s Happening?"},"content":{"rendered":"\n

Massive Sell-Off Shakes the Dogecoin Market<\/h2>\n\n\n\n

On-chain data reveals significant Dogecoin<\/a> distribution by whales<\/strong> since the beginning of the month. More than 3 billion tokens have been sold by major holders in just 30 days<\/strong>, exerting considerable bearish pressure on the price of DOGE<\/strong>. This large-scale liquidation represents a transaction volume of $520 million<\/strong>, a figure that illustrates the magnitude of the exit movement by these institutional or wealthy investors.<\/p>\n\n\n\n

The timing of this sell-off<\/strong> raises questions. While the global crypto market<\/strong> shows certain resilience and Bitcoin maintains relatively stable levels, Dogecoin<\/a><\/strong> struggles to regain its momentum. The price of the memecoin<\/strong> currently trades around $0.17<\/strong>, far from its historical highs above $0.70<\/strong> reached during the 2021 bull run<\/strong>.<\/p>\n\n\n\n

This massive distribution by large holders suggests several hypotheses. Some analysts see it as profit-taking<\/strong> after recent rallies, while others point to a strategic repositioning toward other crypto assets<\/strong> deemed more promising. The Dogecoin market structure remains vulnerable to these whale movements, given the significant concentration of tokens in few hands.<\/p>\n\n\n\n

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The Elon Musk Effect No Longer Enough to Sustain Price<\/h2>\n\n\n\n

Despite recent teasers from Elon Musk<\/strong> regarding a possible lunar mission<\/strong> linked to Dogecoin, investor enthusiasm remains moderate. The founder of Tesla<\/strong> and SpaceX<\/strong> has historically played a major role in DOGE’s spectacular pumps<\/strong>, but his influence seems to be waning in the face of market realities.<\/p>\n\n\n\n

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Over 3 billion Dogecoin $DOGE<\/a> sold by whales in the past month! pic.twitter.com\/OJuqGQrl7X<\/a><\/p>— Ali (@ali_charts) November 9, 2025<\/a><\/blockquote>