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- 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
🆘 #Gate 2025 Semi-Year Community Gala# | Square Content Creator TOP 10
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1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ - 💙 Gate Square #Gate Blue Challenge# 💙
Show your limitless creativity with Gate Blue!
📅 Event Period
August 11 – 20, 2025
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4. Submissions must be original and comply with community guidelines. Plagiarism or re
400,000,000 Dogecoin Exit Robinhood, Whales Buying Dip? - U.Today
Dogecoin (DOGE) has in the last hour witnessed massive movement as ecosystem whales engage in major transactions. A total of 400 million DOGE has been transferred in two different but equal transactions.
Dogecoin price declines amid broader crypto market pullback
According to an update from Whale Alert, the on-chain platform that tracks the activities of large holders, transactions were worth $90,790,713. Notably, the transfers were from Robinhood to unknown wallets, sparking speculations as to the motive for the transactions.
Usually, when large volumes of assets leave an exchange, it is considered a positive sign for the market. The current setup suggests that Dogecoin whales are accumulating the asset amid a slight dip in the price of DOGE. The whale might be strategically acquiring the meme coin in anticipation of a future rally.
As of press time, the Dogecoin price was changing hands at $0.2240, which reflects a 1.71% decline in the last 24 hours. The king of meme coins slipped from an intraday high of $0.2328 to its current level as the broader crypto market corrections hit DOGE.
The dip in the price outlook of Bitcoin likely contributed to DOGE’s decline. Dogecoin has a strong correlation to the flagship cryptocurrency, and with the price on a downward path, DOGE appears to be affected.
Additionally, Dogecoin failed to break out above $0.2328, possibly as trading volume could not support the move. Investors have pulled back as trading volume decreased by 28.38% to $3.53 billion.
Dogecoin golden cross
Interestingly, less than 72 hours ago, Dogecoin recorded a 30% spike in volume as ecosystem bulls stirred a rally. The volume uptick coincided with a price increase, fueling anticipation for a sustained upward momentum.
Dogecoin had also formed a major golden cross on its daily chart about the same time. This technical indicator had made investors eye the $0.30 level as the next target for the meme coin. Now, market participants and traders alike have to wait for a recovery.